Local News

Checking in: What the Marriott Marquis means to the city's convention business
News 3 hours ago
Checking in: What the Marriott Marquis means to the city's convention business

When the Marriott Marquis Washington D. C. - the city's convention center hotel - finally opened in 2014, it was nothing short of a miracle. The...

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The Line Hotel Is Fighting For Its $46 Million Tax Break. Here's The Backstory
Blog 5 hours ago
The Line Hotel Is Fighting For Its $46 Million Tax Break. Here's The Backstory
Source Dcist

In its first year of operation inside a renovated historic church in Adams Morgan, The Line D.C. attracted national buzz as host to some of the...

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What $3,000 rents in D.C. right now
Blog 5 hours ago
What $3,000 rents in D.C. right now
Source Curbed - D.C.

See your options in neighborhoods like Takoma and Carver/Langston Welcome to Curbed Comparisons, a column that explores what one can rent for a set...

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Woodburn Nuclear Medicine upgrades with HealthyTenant
News 5 hours ago
Woodburn Nuclear Medicine upgrades with HealthyTenant

ANNANDALE, VA — HealthyTenant, a tenant representation firm in the Washington, DC, area that focuses on the medical field, has completed a facility...

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Keyrenter Washington DC Adds Rental Licensing to a Seamless Property Management Process
News 5 hours ago
Keyrenter Washington DC Adds Rental Licensing to a Seamless Property Management Process

WASHINGTON, May 23, 2019 /PRNewswire/ -- Keyrenter Washington DC Property Management announced the expansion of services to include Rental...

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Asana Partners moves into D.C. with new retail acquisitions
News 6 hours ago
Asana Partners moves into D.C. with new retail acquisitions

Charlotte, North Carolina-based Asana Partners came onto Greater Washington's real estate scene buying up retail space in Old Town Alexandria. Now,...

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Hamilton and Nicholson of Bennett Williams ink 17,961 s/f retail space
News 6 hours ago
Hamilton and Nicholson of Bennett Williams ink 17,961 s/f retail space

YORK, PA — Bennett Williams Commercial, one of the largest third-party, commercial real estate firms in Central Pennsylvania has arranged the sale...

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Counselors launch their own company
News 6 hours ago
Counselors launch their own company

CRE Counselors Bill Kinn and Casey Kemper have announced the launch of their new consulting partnership, K4 Real Estate Group. BILL KINN The new...

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WMATA to negotiate land deals in Landover for $400M heavy rail facility
News 9 hours ago
WMATA to negotiate land deals in Landover for $400M heavy rail facility

The Washington Metropolitan Area Transit Authority is looking to buy roughly 30 acres in Landover to build a heavy rail repair and overhaul...

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Median home price in Arlington jumps more than $100K since Amazon HQ2 news: report
Blog 9 hours ago
Median home price in Arlington jumps more than $100K since Amazon HQ2 news: report
Source Curbed - D.C.

It’s the latest sign of the “Amazon effect” on the local real estate market Amazon’s impending move to Northern Virginia has had a significant...

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Converted Gas Stations and Heating Plants + Trader Joe's: The 450 Units Planned in Georgetown
Blog 9 hours ago
Converted Gas Stations and Heating Plants + Trader Joe's: The 450 Units Planned in Georgetown
Source Urban Turf

While Georgetown has long had exciting projects in the pipeline (the restoration and revamping of the C&O Canal, the long-dormant Georgetown...

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Sponsored: D.C. Tackles Climate Change With Community Solar
Blog 11 hours ago
Sponsored: D.C. Tackles Climate Change With Community Solar
Source Dcist

Paid for and posted by CLEAN CHOICE ENERGY? DC is quickly becoming a national leader in tackling climate change. Building and implementing both...

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BCT-The Community's Bank Appoints Lance Nobles, CCIM as Senior Vice President to Serve Loudoun County and Northern Virginia
News 12 hours ago
BCT-The Community's Bank Appoints Lance Nobles, CCIM as Senior Vice President to Serve Loudoun County and Northern Virginia

With over 14 years of experience as a commercial banker, Mr. Nobles brings more than eight years focused specifically on the Northern Virginia and...

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Arlington Housing Prices Have Jumped 17% Since Amazon HQ2 Announcement, New Report Finds
News 12 hours ago
Arlington Housing Prices Have Jumped 17% Since Amazon HQ2 Announcement, New Report Finds

Amazon choosing Arlington for its HQ2 campus was widely expected to increase area housing prices, but a sharp drop in available supply has...

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Short-Term Housing Concepts Quickly Expanding In D.C. Market
News 12 hours ago
Short-Term Housing Concepts Quickly Expanding In D.C. Market

Washington has always been a transient city, with politicians, lobbyists, contractors and other professionals traveling to the nation's capital for...

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The Virginian, a 300-bed senior living community in Fairfax, sells for nearly $41 million
News 13 hours ago
The Virginian, a 300-bed senior living community in Fairfax, sells for nearly $41 million

A 350,000-square-foot senior living community in Fairfax that's been under the same ownership for more than 40 years has sold to a Chicago-based...

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2019 WBJ Real Estate Awards: LK Architecture benefits from a focus on national projects
News 14 hours ago
2019 WBJ Real Estate Awards: LK Architecture benefits from a focus on national projects

Leaders at LK Architecture can't help but be pleased with the firm's projects pipeline. Company president Dennis Smith says this year is shaping up...

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Finmark Management Buys 250 KSF Retail Asset in VA
News 16 hours ago
Finmark Management Buys 250 KSF Retail Asset in VA

Finmarc Management Inc., a Maryland-based commercial real estate firm, is expanding its retail holdings in Manassas, Va., acquiring Manaport Plaza....

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Blake Nordstrom's influence resonates with a company and a community
News 23 hours ago
Blake Nordstrom's influence resonates with a company and a community

Blake Nordstrom was a husband, father, son, brother, cousin, uncle and friend - few people knew he was on the 2018 Harvard Business Review's "Best...

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From fridges to affordable housing, Microsoft supports through giving
News 23 hours ago
From fridges to affordable housing, Microsoft supports through giving

Mary Snapp is Microsoft's corporate vice president and head of Microsoft Philanthropies. Though Microsoft's recent $500 million fund to address...

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How 5G is set to spur new data center construction
Blog 1 day ago
How 5G is set to spur new data center construction

Wireless networks are gearing up for 5G, an upgrade that will make the internet experience exponentially faster, eventually touching all industries...

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Metro to negotiate with D.C. over Columbia Heights dog park parcel
Blog 1 day ago
Metro to negotiate with D.C. over Columbia Heights dog park parcel
Source Curbed - D.C.

The transit agency is offering to sell the land to the District for more than $2 million The District may get its paws on a Metro-owned parcel that...

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Press Release 1 day ago
Global Retail Queue Management System Market 2019,Top Key Players are AURIONPRO, Qminder Ltd, Seehash Softwares Pvt. ltd., Skiplino, Q-MATIC AB, XIPHIAS Software Technologies, Lavi Industries, POS Market., E. Oppermann GmbH, and AKIS Technologies

Retail Queue Management System Market Analysis, Size, Share, Growth, Trends, And Forecast 2019 – 2025 The report shows an all-inclusive analytical...

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COOPER CARRY-Designed Columbia Place Opens in Washington, D.C.
News 1 day ago
COOPER CARRY-Designed Columbia Place Opens in Washington, D.C.

May 22, 2019 - Design firm Cooper Carry has announced the completion of Columbia Place, a 12-story mixed-use development that features hospitality,...

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D.C. Might Be Buying The Dog Park In Columbia Heights After All
Blog 1 day ago
D.C. Might Be Buying The Dog Park In Columbia Heights After All
Source Dcist

As of last week, the unofficial dog park at 11th and Park Road NW in Columbia Heights looked like its days were numbered. Now, it has a new leash...

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Four years, $13 million and dozens of hands: How ‘affordable housing’ gets made in America
Blog 1 day ago
Four years, $13 million and dozens of hands: How ‘affordable housing’ gets made in America

Jennifer Sumler has lived in her apartment building on Cedar Street in the Takoma section of Washington, D. C., for her entire life, but the sound...

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1800 Arch Street/Comcast Technology Center Named Finalist for 2019 ULI Global Awards for Excellence
Blog 1 day ago
1800 Arch Street/Comcast Technology Center Named Finalist for 2019 ULI Global Awards for Excellence

A jury of ULI full members select finalists and winners. Members of the jury are recognized leaders who represent a broad geographic diversity and...

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EastBanc and Acadia Redeveloping 30K SF Building in DC’s Georgetown Neighborhood
News 1 day ago
EastBanc and Acadia Redeveloping 30K SF Building in DC’s Georgetown Neighborhood

Washington D. C.-based developer EastBanc and White Plains, New York-based Acadia Realty Trust are redeveloping the 30,000 square-foot-building at...

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Bluestone Lane Signs Lease for Largest Location in the DC Region
News 1 day ago
Bluestone Lane Signs Lease for Largest Location in the DC Region

Australian-inspired cafe Bluestone Lane is opening its sixth and largest location in the Washington D. C. region at The Liz in the 14th Street...

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Press Release 1 day ago
Forecast 2019 to 2025 | Global Vector Signal Generator Market Analysis | Top Key Players- Anritsu, Fortive, Keysight Technologies, National Instruments, and...

  Report Description Global Vector Signal Generator Market Size, Share, Status and Forecast 2019-2025 The Global Vector Signal Generator Market...

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National News

A glance at US mortgage rates down slightly this week
News 2 hours ago
A glance at US mortgage rates down slightly this week

Long-term US mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring...

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Will Las Vegas Glitz Play in Boston? Wynn Will Soon Find Out
News 5 hours ago
Will Las Vegas Glitz Play in Boston? Wynn Will Soon Find Out

After holding discussions to sell its $2.6 billion Massachusetts project to MGM Resorts International -- talks that sparked an outcry from local...

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sonnen and Evolutionary Home Builders partner to Design the Most Sustainable Passive Home Community in the United States
News 8 hours ago
sonnen and Evolutionary Home Builders partner to Design the Most Sustainable Passive Home Community in the United States

"Once again, sonnen has identified a partner in Evolutionary Home Builders who bucks the status quo and understands the importance and potential of...

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What Can Building a Tower on Top of its Herald Square Store Do for Macy’s?
News 9 hours ago
What Can Building a Tower on Top of its Herald Square Store Do for Macy’s?

Seeking to cash in on its most valuable real estate asset, Macy Inc.'s CEO Jeff Gennette confirmed that the department store retailer is...

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Are higher retail prices in the U.S. worth it to get China to play fair?
News 9 hours ago
Are higher retail prices in the U.S. worth it to get China to play fair?

Are higher retail prices in the U. S. worth it to get China to play fair?A retail group predicts higher prices in stores thanks to the trade war,...

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Counect International Technology debuted at ICSC RECon 2019
News 9 hours ago
Counect International Technology debuted at ICSC RECon 2019

CHENGDU, China, May 23, 2019 /PRNewswire/ -- On May 19-22, Counect International Technology attended the RECon 2019 organized by the International...

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Blackstone Targets $5 Billion for Latest Real Estate Debt Fund
News 9 hours ago
Blackstone Targets $5 Billion for Latest Real Estate Debt Fund

The firm is tapping into sustained interest in private real estate debt as investors search for yield. In 2018, $26 billion was raised by funds...

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10 Must Reads for the CRE Industry Today (May 23, 2019)
News 9 hours ago
10 Must Reads for the CRE Industry Today (May 23, 2019)
Source NREI - Wire

The Fed has signaled that no interest rate hikes are coming for some time, reports CNBC. MarketWatch looks at the retirement community of the...

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High end of purchase market benefiting most from lower mortgage rates
News 9 hours ago
High end of purchase market benefiting most from lower mortgage rates

The decline in average mortgage rates since the start of the year is driving higher purchase demand, especially at the higher end of the market,...

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Dollar General, Autozone proposed in Barnegat
News 10 hours ago
Dollar General, Autozone proposed in Barnegat

BARNEGAT - Dollar General, one of the nation's largest retailers, is hoping to open its first store in Barnegat. WP Barnegat LLC of Media,...

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Blackstone’s next real estate debt fund is aiming for $5B
News 11 hours ago
Blackstone’s next real estate debt fund is aiming for $5B

Blackstone is aiming to raise $5 billion for its latest real estate debt fund. The fund, Blackstone Real Estate Debt Strategies IV, will have an...

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Atlanta developer cements construction loan for Marriott Element hotel at Charlotte Avenue's OneCity project
News 11 hours ago
Atlanta developer cements construction loan for Marriott Element hotel at Charlotte Avenue's OneCity project

A developer from Atlanta has corralled all the funding needed to build the hotel planned as part of a mixed-use development on the revitalizing...

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Real Estate Market Trends: Nine Ways To Separate Signal From Noise
News 12 hours ago
Real Estate Market Trends: Nine Ways To Separate Signal From Noise

The market is always fluctuating in some way, but in order to be successful, you must be able to separate signals from noise when trying to...

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The Need For Warehouses Is Booming. How Can Companies Maintain Quality And Consistency?
News 12 hours ago
The Need For Warehouses Is Booming. How Can Companies Maintain Quality And Consistency?

Companies that operate in multiple markets across the U. S. are often missing one key thing when it comes to warehouse construction: consistency....

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U.S. home sales, manufacturing stumble; labor market strong
News 12 hours ago
U.S. home sales, manufacturing stumble; labor market strong

WASHINGTON (Reuters) - Sales of new U. S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing...

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UK to Enjoy Fast Growing Rental Investment Revolution Over Next 5 Years
News 12 hours ago
UK to Enjoy Fast Growing Rental Investment Revolution Over Next 5 Years

According to international real estate consultant Knight Frank's latest Prime Global Cities Index, which tracks the movement in luxury residential...

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Freddie Mac: Mortgage rates at one-year low after falling four consecutive weeks
News 12 hours ago
Freddie Mac: Mortgage rates at one-year low after falling four consecutive weeks
Source HousingWire

Mortgage interest rates have fallen for the fourth week in a row to match the one-year low set at the end of March, giving way to an uptick in...

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Homebuyers, you could have saved this much on your mortgage last week
News 12 hours ago
Homebuyers, you could have saved this much on your mortgage last week
Source HousingWire

Last week, the share of borrowers with rates under 4.25% ticked up. In fact, LendingTree's Mortgage Rate Competition Index indicates borrowers with...

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CBRE brokers $21M sale of Oakbrook Terrace shopping center
News 14 hours ago
CBRE brokers $21M sale of Oakbrook Terrace shopping center
Source RE Journal

CBRE recently brokered the sale of 22nd Street Plaza, a 176,164-square-foot retail property at 17W734 22nd Street in Oakbrook Terrace, Illinois....

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Welltower Buys $1.25B Medical Office Portfolio from CNL
News 15 hours ago
Welltower Buys $1.25B Medical Office Portfolio from CNL

NEW YORK CITY-CNL Healthcare Properties sold a medical office portfolio of 55 buildings to Welltower Inc. for $1.25 billion. The portfolio...

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In Proptech, Infrastructure is Key
News 16 hours ago
In Proptech, Infrastructure is Key

TORONTO-Building technologies, so-called proptech, are advancing exponentially. Indeed, it can be a struggle to keep pace with the new and varying...

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Industrious Opens 2nd Charlotte Location
News 17 hours ago
Industrious Opens 2nd Charlotte Location
Source CP Executive

Asana Partners has welcomed Industrious at 436 E. 36th St., a recently renovated and converted property in Charlotte, N. C. The coworking space...

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Stan Johnson Facilitates $3M Sale in Tampa Area
News 18 hours ago
Stan Johnson Facilitates $3M Sale in Tampa Area
Source CP Executive

Paradise Ventures Inc./Paradise Development Group has sold a 9,276-square-foot retail property in Bradenton, Fla., for $3 million to a foreign...

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2018 property tax extensions increase for most school districts in McHenry County
News 20 hours ago
2018 property tax extensions increase for most school districts in McHenry County

For the 2018 tax year, a majority of McHenry County taxing bodies are slated to receive a boost in property tax revenue compared with 2017. School...

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Liquidity Abounds for Student Housing Financing
News 21 hours ago
Liquidity Abounds for Student Housing Financing

HOUSTON-A $92 million three-year floating-rate loan recently went toward a three-property 1,653-bed student housing portfolio spread across assets...

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News 22 hours ago
Dressbarn latest in nationwide retail store closure wave

Dressbarn has announced that it will close all of its about 650 store nationwide, meaning thousands could be out of a job. More and more retailers...

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Abraham Brach, Parkview Management land $50M loan for Williamsburg condo project
News 1 day ago
Abraham Brach, Parkview Management land $50M loan for Williamsburg condo project

Madison Realty Capital has provided a $50 million mortgage for a condominium project in Brooklyn's Broadway Triangle, the firm announced on...

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Do CEOs really make 100 times more than employees? They do at these companies
News 1 day ago
Do CEOs really make 100 times more than employees? They do at these companies

Last year, The Walt Disney Co. Chairman and CEO Robert A. Iger took home a paycheck that was anything but Mickey Mouse. Iger's total compensation...

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Lowe’s Cuts Outlook as Profit Gets Squeezed
News 1 day ago
Lowe’s Cuts Outlook as Profit Gets Squeezed

Home Depot Inc. in sales growth for the first time since 2016, but margins declined more than expected and the home-improvement retailer trimmed...

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CBRE brokers $21 million retail center sale
News 1 day ago
CBRE brokers $21 million retail center sale

OAKBROOK TERRACE - Located in a popular trade area, 22nd Street Plaza is 100 percent leased to retailers such as Home Depot, Party City and Big...

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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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