Local News

CREtech Announces Promotion of Lindsey Imperatore to Chief Operating Officer
Press Release 1 day ago
CREtech Announces Promotion of Lindsey Imperatore to Chief Operating Officer
Source CREtech

The Premier Digital Media, Event and Advisory Platform Devoted to Commercial Real Estate Tech Continues to Aggressively Scale in the Marketplace...

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Yardi Matrix Article Addresses U.S. Migration Implications
News 1 hour ago
Yardi Matrix Article Addresses U.S. Migration Implications

South and West are popular destinations while older urban cores also hold appeal SANTA BARBARA, Calif., Sept. 19, 2019 – New research by Yardi®...

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Real estate companies under fire for Facebook discrimination
News 4 hours ago
Real estate companies under fire for Facebook discrimination

Seven real estate companies are now facing age-discrimination complaints over allegations they used advertisements posted on Facebook to filter out...

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Security Properties Expands Washington Footprint
News 5 hours ago
Security Properties Expands Washington Footprint

Security Properties has expanded it's Washington portfolio with the addition of Villas at Kennedy Creek. The 118-unit apartment community brings...

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CIT Serves as Co-Lead Arranger on $90.6 Million Financing for Multifamily Project in Washington, D.C.
News 5 hours ago
CIT Serves as Co-Lead Arranger on $90.6 Million Financing for Multifamily Project in Washington, D.C.

NEW YORK, Sept. 19, 2019 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division served as co-lead...

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It's a slow walk to a pedestrian link between Crystal City and Reagan National Airport (notice we didn't say bridge)
News 5 hours ago
It's a slow walk to a pedestrian link between Crystal City and Reagan National Airport (notice we didn't say bridge)

Plans are slowly coming together for a pedestrian connection linking Reagan National Airport to Crystal City, one of the crucial transportation...

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Here's what Amazon Alexa vice president envisions for his HQ2 team
News 6 hours ago
Here's what Amazon Alexa vice president envisions for his HQ2 team

Amazon.com Inc's second headquarters won't be an empty office where most employees are out on sales calls, but instead a thriving hive where ideas...

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Transwestern Reveals New DC Finance Team
News 7 hours ago
Transwestern Reveals New DC Finance Team

WASHINGTON DC - Transwestern Commercial Services has unveiled a new structured finance group as an addition to its Washington DC office. Appointing...

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D.C. could extend rent control through 2030
News 7 hours ago
D.C. could extend rent control through 2030

Since 1985, the District has lost about 50,000 rent-controlled units, a decline of more than 38 percent from the 130,000 rent-controlled units it...

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Change of plan. Fairfax County weighs what should replace Topgolf Alexandria.
News 7 hours ago
Change of plan. Fairfax County weighs what should replace Topgolf Alexandria.

The first Topgolf in the United States could be replaced with a couple hundred townhomes under a proposed amendment to Fairfax County's...

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Richmond Highway a 'dynamic' market? The new owner of Kings Crossing says so.
News 7 hours ago
Richmond Highway a 'dynamic' market? The new owner of Kings Crossing says so.

Roughly half of Kings Crossing, a nearly 11-acre retail center on Fairfax County's Route 1 corridor, has sold to a Vienna-based commercial real...

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Transwestern Launches Healthcare Advisory Services in DC
News 13 hours ago
Transwestern Launches Healthcare Advisory Services in DC

WASHINGTON DC - Transwestern Commercial Services has recruited Ken Smondrowski as vice president of its Healthcare Advisory Services. In this role,...

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Boardriders Launches Multi-Year Growth Agenda And Repositioning of Key Executives
News 17 hours ago
Boardriders Launches Multi-Year Growth Agenda And Repositioning of Key Executives

HUNTINGTON BEACH, Calif., Sept. 18, 2019 /PRNewswire/ -- Boardriders, Inc., a global action sports and lifestyle company that designs, produces and...

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Foulger-Pratt Buys Tysons Office for $35M
News 20 hours ago
Foulger-Pratt Buys Tysons Office for $35M

WASHINGTON, DC-Brandywine Realty Trust has sold 1900 Gallows Rd., here for $35 million. The buyer of the 210,000-square foot building is Foulger...

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Appeals Court Shuts Down Samsung's Arbitration Agreement
News 22 hours ago
Appeals Court Shuts Down Samsung's Arbitration Agreement

Samsung lost an appeal to overturn rulings that refused to compel arbitration in a pair of consumer cases involving Galaxy S7 smartphones. In...

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Bowser official warns GSA will 'rue the day' it passed on Poplar Point for the SEC
News 23 hours ago
Bowser official warns GSA will 'rue the day' it passed on Poplar Point for the SEC

The Trump administration will come to regret its decision to rule out a development site east of the Anacostia River from the competition for a new...

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Deadline day approaches for Crystal City BID expansion. The hiccup remains.
News 1 day ago
Deadline day approaches for Crystal City BID expansion. The hiccup remains.

This map shows the existing Crystal City Business Improvement District area in light pink, with the expansion areas shown in dark pink. The white...

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With costs ever rising, D.C. lawmakers introduce rent and tax bills to help small businesses stay put
News 1 day ago
With costs ever rising, D.C. lawmakers introduce rent and tax bills to help small businesses stay put

District lawmakers are rolling out a series of new bills designed to help small businesses stay in the city, with a focus on addressing the impacts...

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North Carolina-based YouTuber 'MrBeast' files federal lawsuit over use of logo
News 1 day ago
North Carolina-based YouTuber 'MrBeast' files federal lawsuit over use of logo

A North Carolina Youtuber is suing a Washington man in federal court, alleging he's exploiting his online persona by selling counterfeit goods on...

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New Council Bills Would Provide Relief To Small 'Legacy' Businesses Facing Displacement
Blog 1 day ago
New Council Bills Would Provide Relief To Small 'Legacy' Businesses Facing Displacement
Source Dcist

The District already offers some financial assistance to residents struggling to pay rent. Now your local barber shop could be next. As rising...

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Yardi Setting the Pulse at AEE World 2019 Conference & Expo
News 1 day ago
Yardi Setting the Pulse at AEE World 2019 Conference & Expo

Technology provider collaborates with global organization to shape property management industry’s energy-related strategy, policy and innovation...

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Plans moving forward for the Bond Bread Factory and Washington Railway & Electric Company buildings development near 9:30 Club
Blog 1 day ago
Plans moving forward for the Bond Bread Factory and Washington Railway & Electric Company buildings development near 9:30 Club

I am waaaaaaaay late in posting this but damn this is huge so better late than never. These buildings have been nominated for Horse's Ass Awards ...

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KEN SMONDROWSKI TAPPED TO LAUNCH TRANSWESTERN HEALTHCARE SERVICES IN WASHINGTON, D.C.
Video 1 day ago
KEN SMONDROWSKI TAPPED TO LAUNCH TRANSWESTERN HEALTHCARE SERVICES IN WASHINGTON, D.C.

Bethesda, MD. - Transwestern Commercial Services (TCS) today announces Ken Smondrowski has joined the firm as Vice President - Healthcare Advisory...

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A major whistleblower complaint at the US's top spy agency involves a Trump phone call with a 'promise' to a foreign leader
News 1 day ago
A major whistleblower complaint at the US's top spy agency involves a Trump phone call with a 'promise' to a foreign leader

President Donald Trump is the subject of a whistleblower complaint of "urgent concern" that was filed in the intelligence community in August, the...

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Amazon Economic Development Head On HQ2 And The Role Companies Play In Land Use
News 1 day ago
Amazon Economic Development Head On HQ2 And The Role Companies Play In Land Use

WASHINGTON, D.C. — Amazon has created disruptive changes not just to e-commerce, but also to local communities, from its distribution centers to...

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Victor Hoskins Is Trying To Bring His Amazon HQ2 Momentum To Fairfax County
News 1 day ago
Victor Hoskins Is Trying To Bring His Amazon HQ2 Momentum To Fairfax County

Victor Hoskins may be done working on Amazon HQ2 in Arlington County, but he's certainly not done talking about it. The former head of Arlington...

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The Hotel Group Buys Hilton Garden Inn Redmond Under Construction in Washington
News 1 day ago
The Hotel Group Buys Hilton Garden Inn Redmond Under Construction in Washington

Scheduled to open in the first quarter of 2020, Hilton Garden Inn Redmond will feature 177 guestrooms and more than 2,400 square feet of meeting...

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Finmarc Management Purchases Research & Development Campus in Northern Virginia for $26.1M
News 1 day ago
Finmarc Management Purchases Research & Development Campus in Northern Virginia for $26.1M

The property consists of a three-story, 110,000-square-foot office building and a single-story, 80,000-square-foot industrial structure that are...

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Blog 1 day ago
Rebuilding Place in the Urban Space

1. Bike shops are closing in DC.According to one proprietor I talked with, generally, sales are down (nationally) but revenue is flat, because...

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Here's how dramatically D.C.'s coworking scene changed in the past year
News 1 day ago
Here's how dramatically D.C.'s coworking scene changed in the past year

Flexible space providers like Convene and WeWork significantly increased their D. C. footprints in the past year, gobbling up 917,000 square feet -...

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Retail Group Says Imports Surging Again Ahead of More Tariffs
News 1 day ago
Retail Group Says Imports Surging Again Ahead of More Tariffs

Imports at the nation’s major retail container ports reached unusually high numbers just before new tariffs on goods from China took effect...

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National News

Economist Warns of Dire Consequences for Real Estate from Climate Change at ULI Resilience Summit
News 1 hour ago
Economist Warns of Dire Consequences for Real Estate from Climate Change at ULI Resilience Summit

Climate change will have a drastic, disruptive effect on the commercial real estate sector over the next several decades as rising temperatures...

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Electricity Prices: Fall 2019 Outlook
News 1 hour ago
Electricity Prices: Fall 2019 Outlook

Electricity costs for commercial operators are generally trending downward in the third quarter across the U. S. as demand for cooling space is...

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The housing cycle is likely past its peak, but market outlook remains positive
News 2 hours ago
The housing cycle is likely past its peak, but market outlook remains positive

COLUMBUS, Ohio, Sept. 19, 2019 /PRNewswire/ -- Data from the latest Health of Housing Markets Report (HoHM Report) from Nationwide Economics says...

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The Normal Brand designs path to $15M in revenue
News 3 hours ago
The Normal Brand designs path to $15M in revenue

In the beginning, The Normal Brand set out to create a lifestyle brand made by and for Midwesterners. Four years later, the St. Louis-based company...

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Subscription-Based Retailers Getting in on Physical Store Action
News 4 hours ago
Subscription-Based Retailers Getting in on Physical Store Action
Source NREI - Retail

Can they use their millions of subscribers to drive bricks-and-mortar sales? What do Birchbox, Adore Me, Rent the Runway, Frank & Oak and Fabletics...

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Brands Fail Because of 'Noisy' Apps: Survey
News 4 hours ago
Brands Fail Because of 'Noisy' Apps: Survey

Is your app too "noisy"? According to Leanplum, a San Francisco-based multi-channel engagement platform provider, the primary reason people delete...

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Kroger debuts longer-lasting produce nationwide
News 4 hours ago
Kroger debuts longer-lasting produce nationwide

Kroger Co. is the first national retailer to offer a new line of longer-lasting produce in all of its stores. The Cincinnati-based retailer (NYSE:...

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United States Diesel Genset Market Report 2019 - Competitive Analysis and Growth Forecast to 2024
News 4 hours ago
United States Diesel Genset Market Report 2019 - Competitive Analysis and Growth Forecast to 2024

DUBLIN, Sept. 19, 2019 /PRNewswire/ -- The "U. S. Diesel Genset Market Research Report: By Power Rating, by Application - " report has been added...

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Impossible Foods will make its grocery store debut in California
News 6 hours ago
Impossible Foods will make its grocery store debut in California

* Impossible Foods plans to make its burger available in grocery stores in every region nationwide by mid-2020. Beyond Meat's rival Impossible...

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Greatest Rebranding of a Historic Facility
News 6 hours ago
Greatest Rebranding of a Historic Facility

BETHLEHEM, PA - Within the overall transformation category of GlobeSt.com's 2019 ADAPT awards, The Factory in Bethlehem, PA was acknowledged as the...

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The Institutionalization of the Industrial Real Estate Sector
News 6 hours ago
The Institutionalization of the Industrial Real Estate Sector

One of the biggest changes to the commercial real estate industry over the last 15 years has been the institutionalization of the industrial asset...

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Catching Up With C&W's New Director of Logistics & Industrial Research
News 6 hours ago
Catching Up With C&W's New Director of Logistics & Industrial Research

CHICAGO- Cushman & Wakefield recently announced the promotion of Carolyn Salzer as Director of Logistics & Industrial Research. "Chicago is the...

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As Industrial Booms, Local Brokers Become Global Consultants
News 7 hours ago
As Industrial Booms, Local Brokers Become Global Consultants

When he first entered the world of industrial brokerages 33 years ago, Mark Duclos' responsibilities were fairly straightforward. "A client would...

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Toys R Us is making another comeback with immersive stores that have massive toys and interactive playrooms
News 7 hours ago
Toys R Us is making another comeback with immersive stores that have massive toys and interactive playrooms

Toys R Us' new parent company, Tru Kids Brands, is partnering with experiential retail company Candytopia to introduce a new store concept, the...

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Freddie Mac: Mortgage rates experience the highest weekly uptick since last October
News 7 hours ago
Freddie Mac: Mortgage rates experience the highest weekly uptick since last October
Source HousingWire

This week, the average U. S. fixed rate for a 30-year mortgage rose to 3.73%. That's seventeen basis points above last week's 3.56% but almost a...

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Ultra-rich Americans are selling off luxury real estate faster than they're snapping it up, and it's not the only change they're making to their portfolios as recession fears linger
News 7 hours ago
Ultra-rich Americans are selling off luxury real estate faster than they're snapping it up, and it's not the only change they're making to their portfolios as recession fears linger

Ultra-wealthy people in the US are selling their luxury real-estate investments faster than they are buying new ones, TD Wealth senior vice...

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Low mortgage rates bolster August's existing-home sales to 17-month high
News 7 hours ago
Low mortgage rates bolster August's existing-home sales to 17-month high
Source HousingWire

Existing-home sales inched forward 1.3% in August from the prior month, reaching a 17-month high, according to the National Association of Realtors...

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Class A office building in California sold to Singaporean REIT
News 7 hours ago
Class A office building in California sold to Singaporean REIT
Source CRE HERALD

Singapore-listed Manulife US Real Estate Investment Trust (“Manulife US REIT”) has entered into a purchase agreement with 400 Capitol Mall Owner, L...

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Why Marketers Fail at Building Mobile Websites
News 7 hours ago
Why Marketers Fail at Building Mobile Websites

STAMFORD, CT-Mobile-friendly websites have long been a dominant engagement channel for brands and yet too many companies have not learned how to...

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The Seven Deadly Sins of CRE Investment
News 11 hours ago
The Seven Deadly Sins of CRE Investment

Most of you have heard about the Seven Deadly Sins that include; pride, envy, gluttony, lust, anger, greed and sloth. There are also Seven Deadly...

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Takeaways from NAI Global Annual Convention Keynote Speaker
News 13 hours ago
Takeaways from NAI Global Annual Convention Keynote Speaker

LAS VEGAS-Molly Bloom was the keynote speaker at NAI Global's Annual Convention in Las Vegas last week. She shared her life story for the keynote,...

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Riverside Land Case Is Among the First to Go to Federal Court
News 15 hours ago
Riverside Land Case Is Among the First to Go to Federal Court

A recent US Supreme Court decision could be a game changer for real estate owners. This June, in the case of Knick v. Township of Scott, the US...

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Press Release 17 hours ago
Hunt Real Estate Capital Provides a $37.875 Million Freddie Mac Loan to Refinance a Multifamily Property Located in Navarre, Florida

New York, NY — September 19, 2019 — Hunt Real Estate Capital announced today it provided a Freddie Mac conventional multifamily loan in the amount...

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Amazon to bring more than 1,500 jobs to Pontiac Silverdome site
News 19 hours ago
Amazon to bring more than 1,500 jobs to Pontiac Silverdome site

The 127-acre Pontiac Silverdome site is being targeted for a new warehouse/distribution demolition by an Atlanta-based developer. Amazon was...

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Real estate companies under fire for Facebook discrimination, human rights group alleges
News 20 hours ago
Real estate companies under fire for Facebook discrimination, human rights group alleges

Seven real estate companies are now facing age-discrimination complaints over allegations they used advertisements posted on Facebook to filter out...

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How the Federal Reserve rate cut could affect your finances
News 21 hours ago
How the Federal Reserve rate cut could affect your finances

The Federal Reserve cut its key interest rate by a quarter percent on Wednesday, in an attempt to prop up the U. S. economy in the face of global...

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Park Hotels completes acquisition of Chesapeake Lodging Trust for $2.5bn
News 21 hours ago
Park Hotels completes acquisition of Chesapeake Lodging Trust for $2.5bn
Source CRE HERALD

Park Hotels & Resorts Inc. has completed its previously announced acquisition of Chesapeake Lodging Trust. Park Hotels completes acquisition of...

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U.K. Property Price Growth Hits Seven-Year Low
News 22 hours ago
U.K. Property Price Growth Hits Seven-Year Low

Property prices in the U. K. logged their lowest rate of annual growth in seven years in July, rising just 0.7%, according to a report Wednesday...

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Korean Investor Group Acquires Stake in One AT&T Plaza in Dallas
News 22 hours ago
Korean Investor Group Acquires Stake in One AT&T Plaza in Dallas

The deal price and size of the stake weren't disclosed, but the entire building, One AT&T Plaza, is valued at about $250 million, the person said,...

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Eloquii expanding into new market
News 23 hours ago
Eloquii expanding into new market

Digital native Eloquii is adding a new location to its growing store portfolio. The women's apparel retailer, which offers sizes 14-28, is set to...

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Local Events

Event 02/02/2020
2020 Winter Business Meeting & National Issues Conference

Open to all BOMA members, the Winter Business Meeting & National Issues Conference offers the chance to learn, network and participate in...

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Local Jobs

Job 3 years ago
Director, Business Development

In this critical role, the qualified candidate will work to improve Planned Companies’ market position and drive financial growth. S/he will build...

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