Local News

Choice Hotels Welcomes Third Cambria In South Carolina
News 1 hour ago
Choice Hotels Welcomes Third Cambria In South Carolina

The new-construction Cambria Fort Mill is located at 340 Amistead Avenue in a modern, mixed-use development one mile from Interstate Highway 77,...

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PPG Completes COLORFUL COMMUNITIES Project at Veterans Place of Washington Boulevard in Pittsburgh
News 2 hours ago
PPG Completes COLORFUL COMMUNITIES Project at Veterans Place of Washington Boulevard in Pittsburgh

PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES® project at Veterans Place of Washington Boulevard, a nonprofit...

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There's another delay for changes to D.C.'s comp plan. This is why.
News 3 hours ago
There's another delay for changes to D.C.'s comp plan. This is why.

District lawmakers are waiting an extra month to consider changes to the city's comprehensive plan, as a growing chorus of officials and activists...

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Northern Virginia leaders will work together on economic development. Could Maryland do the same?
News 4 hours ago
Northern Virginia leaders will work together on economic development. Could Maryland do the same?

Now that Northern Virginia's counties and cities have agreed on a joint economic development pact, the question becomes: Will Maryland and...

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Northern Virginia's economic development alliance a first step to Maryland joining?
News 4 hours ago
Northern Virginia's economic development alliance a first step to Maryland joining?

Now that Northern Virginia's counties and cities have agreed on a joint economic development pact, the question becomes: Will Maryland and...

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American Real Estate Partners (AREP) Acquires Arlington Plaza
News 4 hours ago
American Real Estate Partners (AREP) Acquires Arlington Plaza

ARLINGTON, Va., Sept. 17, 2019 /PRNewswire/ -- A Joint Venture between American Real Estate Partners (AREP) and an affiliate of Rockwood Capital,...

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RASA, 'Fine Fast Casual' Indian Eatery, coming to K Street
Blog 7 hours ago
RASA, 'Fine Fast Casual' Indian Eatery, coming to K Street "slated to open in Winter 2019"

courtesy RASA Ed. Note: We reported that a RASA would likely be coming to the former Taylor Gourmet space here back in early August. From a press...

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Blog 7 hours ago
"This building is a pestilential nightmare, yet I know a lot of good people who live here."

“Dear PoPville, I live in a building on 16th Street, NW. I’ve lived here for the past two years in a studio apartment on the first floor. During my...

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Greystar appoints new MD of Development for Mid-Atlantic region
Blog 9 hours ago
Greystar appoints new MD of Development for Mid-Atlantic region

In his new role, Clarkson will be responsible for overseeing conventional, active adult and student housing development projects in New Jersey,...

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Amazon Expansion to Add 400 New Jobs in Chicago
News 14 hours ago
Amazon Expansion to Add 400 New Jobs in Chicago

CHICAGO-Amazon is doubling its Tech Hub workforce in Chicago. In total, the e-commerce giant will add 400 new tech jobs to its Tech Hub operations...

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N. Va. leaders will work together on economic development. Could D.C. and Maryland get in the game?
News 1 day ago
N. Va. leaders will work together on economic development. Could D.C. and Maryland get in the game?

Now that Northern Virginia's counties and cities have agreed on a joint economic development pact, the question becomes: Will D. C. and Maryland...

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Sneaker startup Allbirds opening D.C. store
News 1 day ago
Sneaker startup Allbirds opening D.C. store

We're now getting a glimpse of what will fill the Ben & Jerry's space on M Street in Georgetown: Allbirds Inc., the fast-growing shoe startup that...

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Greater Washington Community Foundation chief executive Bruce McNamer to depart
News 1 day ago
Greater Washington Community Foundation chief executive Bruce McNamer to depart

After more than four years on the job, Greater Washington Community Foundation President and Chief Executive Bruce McNamer will depart in mid...

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Welcome to Washington
News 1 day ago
Welcome to Washington
Source Urbanland

Our Fall issue of Urban Land is always special; it's the biggest magazine of the year, and it always takes a deep look at the city hosting the...

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Howard Hughes Signs Busboys & Poets to Merriweather District
News 1 day ago
Howard Hughes Signs Busboys & Poets to Merriweather District

Bookstore Busboys & Poets has signed a long-term lease for 10,700-square-feet at the intersection of Mango Tree Road and Valencia LaneIn in the...

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Colliers Hires Industry Vet Matthew Gannon for DC Office
News 1 day ago
Colliers Hires Industry Vet Matthew Gannon for DC Office

Colliers International has hired Matthew Gannon, a former vice president at Paramount Group, as an executive managing director in the firm's...

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TF Cornerstone Reston project earns Fairfax County planning staff recommendation for approval
News 1 day ago
TF Cornerstone Reston project earns Fairfax County planning staff recommendation for approval

The next big development for the Wiehle-Reston East Metro area has earned a thumbs up from Fairfax County planners ahead of a public hearing. But...

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Yardi Kube Joins Coworking Leaders at GWA Conference in Washington, DC
News 1 day ago
Yardi Kube Joins Coworking Leaders at GWA Conference in Washington, DC

Newly launched product features to debut at annual coworking event SANTA BARBARA, Calif., Sept. 16, 2019 –The coworking revolution continues, and...

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A New Breed Of HVAC System Could Mean Serious Energy Savings
News 1 day ago
A New Breed Of HVAC System Could Mean Serious Energy Savings

Property owners searching for ways to make their buildings more energy-efficient should keep three letters in mind: VRF. They stand for Variant...

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Today's Rental was chosen because it's on the top floor
Blog 1 day ago
Today's Rental was chosen because it's on the top floor

This rental is located at 2013 New Hampshire Ave NW near 16th St NW. The Craigslist ad says: “$1825 / 1br – 500ft2 – Top Floor 1 Bed Apt., Hardwood...

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D.C. Council President Postpones Comprehensive Plan Vote Amid Concerns Over His Changes
News 1 day ago
D.C. Council President Postpones Comprehensive Plan Vote Amid Concerns Over His Changes

The D. C. Council has postponed a key vote on the District's Comprehensive Plan after planners and housing advocates raised concerns over a recent...

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D.C. Looks To Move 700-Person Agency East Of The River To Spur Growth
News 1 day ago
D.C. Looks To Move 700-Person Agency East Of The River To Spur Growth

Mayor Muriel Bowser is looking to spur economic growth and attract grocery stores east of the Anacostia River with a major D.C. agency relocation....

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Colliers Hires New Head Of D.C. Office
News 1 day ago
Colliers Hires New Head Of D.C. Office

One of the nation's largest commercial real estate firms has a new leader of its D. C. office. Colliers International announced Monday it hired...

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Inventrust Properties Corp. Announces Acquisition of Two Premier Grocery-Anchored Centers in High Demand Markets Totaling Over $120 Million
News 1 day ago
Inventrust Properties Corp. Announces Acquisition of Two Premier Grocery-Anchored Centers in High Demand Markets Totaling Over $120 Million

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. ("InvenTrust", "IVT", or the "Company") today announced the acquisition of...

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Rhode Island Avenue Pipeline Continues To Grow With 350 More Multifamily Units Planned
News 1 day ago
Rhode Island Avenue Pipeline Continues To Grow With 350 More Multifamily Units Planned

The development pipeline on Northeast D. C's Rhode Island Avenue corridor continues to grow, with plans moving forward for two more projects that...

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10 Northern Virginia jursidictions form economic development alliance
News 1 day ago
10 Northern Virginia jursidictions form economic development alliance

Ten jurisdictions in Northern Virginia have teamed up to jointly brand their part of Greater Washington and target economic development...

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10 Northern Virginia jurisdictions form economic development alliance
News 1 day ago
10 Northern Virginia jurisdictions form economic development alliance

Ten jurisdictions in Northern Virginia have teamed up to jointly brand their part of Greater Washington and target economic development...

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GSEs’ Multifamily Caps Expanded to $100B Each
News 1 day ago
GSEs’ Multifamily Caps Expanded to $100B Each

The Federal Housing Finance Agency is expanding the caps for the multifamily businesses of Fannie Mae and Freddie Mac, while closing loopholes that...

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Mid-century Modern Neighborhoods Around DC
Blog 1 day ago
Mid-century Modern Neighborhoods Around DC

You’ll find a full range of architectural styles in the DC area, from pre-World War II to contemporary, new construction designs. If you’re in the...

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Look to cities for government that works
News 1 day ago
Look to cities for government that works

Monday, Sept. 16, 2019 | 2 a.m. This summer, the 50th anniversary of the moon landing had many people thinking about governments' ability to tackle...

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National News

Average U.S. asking rents for office space rise 1.7% in H1 2019
News 1 hour ago
Average U.S. asking rents for office space rise 1.7% in H1 2019
Source CRE HERALD

Average U.S. asking rents for office space increased 1.7% over the six-month period ending in June, to $36.44.. Average U.S. asking rents for...

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CRE Financing Provider Says the GSEs Need Recapitalization Rather Than Legislative Reform
News 3 hours ago
CRE Financing Provider Says the GSEs Need Recapitalization Rather Than Legislative Reform

On Sept. 5th, the Treasury Department released a comprehensive plan to reform Fannie Mae and Freddie Mac. Specifically, the 50-page document...

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10 Must Reads for the CRE Industry Today (September 17, 2019)
News 4 hours ago
10 Must Reads for the CRE Industry Today (September 17, 2019)

8 Years of Trump Tax Returns Are Subpoenaed by Manhattan D.A. "State prosecutors in Manhattan have subpoenaed President Trump's accounting firm to...

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BlanQuil Brings Consumer-Favorite Weighted Blanket to Mattress Firm Stores Nationwide
News 7 hours ago
BlanQuil Brings Consumer-Favorite Weighted Blanket to Mattress Firm Stores Nationwide

HOUSTON, Sept. 17, 2019 /PRNewswire/ -- BlanQuil (www.myblanquil.com), the leading premium weighted blanket company, has just announced a new,...

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A startup that wants to be a Zillow for office space just raised $10 million in seed funding from Greycroft and leading real estate players
News 7 hours ago
A startup that wants to be a Zillow for office space just raised $10 million in seed funding from Greycroft and leading real estate players

Biproxi, a commercial real estate marketplace, just nabbed $10 million in seed funding after launching late last year. The company is rolling out a...

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'We like to be the friend': Amazon competitor Boxed's CEO reveals how the wholesale retailer is cozying up to CPG giants like Coca-Cola and PepsiCo
News 7 hours ago
'We like to be the friend': Amazon competitor Boxed's CEO reveals how the wholesale retailer is cozying up to CPG giants like Coca-Cola and PepsiCo

New York-based wholesale retailer Boxed is taking the opposite approach to Amazon as it tries to take on the juggernaut by giving brands and...

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Much More Than Just WeWork
News 8 hours ago
Much More Than Just WeWork
Source CP Executive

Under a mid-range scenario, flex space could represent 13 percent of the total U. S. office space supply, or nearly 600 million square feet, by...

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Understanding ADA Requirements for Historic Properties
News 10 hours ago
Understanding ADA Requirements for Historic Properties

Think your property is exempt from the Americans With Disabilities Act (ADA) because of its age? Think again! There is no grandfather clause under...

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Bascom Refi’s Five MF’s Across Three States
News 12 hours ago
Bascom Refi’s Five MF’s Across Three States
Source Connect Media

CBRE arranged $128.3 million in financing for five multifamily assets totaling 740 units and spread across three states including California,...

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JD Digits Introduces Cutting-Edge eKYC Technology into Thailand
News 13 hours ago
JD Digits Introduces Cutting-Edge eKYC Technology into Thailand

The Dolfin Intelligent Platform, based on five complete intelligent services platforms, including smart transaction, digital lending, digital...

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WeWork Parent Expected to Postpone IPO
News 15 hours ago
WeWork Parent Expected to Postpone IPO

WeWork's parent is expected to postpone its initial public offering after investors questioned how much the company is worth and raised concerns...

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CBRE Veteran Launches Opportunistic Investment Firm
News 15 hours ago
CBRE Veteran Launches Opportunistic Investment Firm

Carlos A. G. Vigon has partnered with Tavaco Capital Management to launch PaxCap Investors, an investment firm focused on opportunistic real estate...

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WeWork Mulls IPO Valuation, Revamps Corporate Governance
News 15 hours ago
WeWork Mulls IPO Valuation, Revamps Corporate Governance

NEW YORK CITY-In the past month, co-working giant WeWork made several efforts to address longstanding concerns about inflated valuations, lack of...

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Digital Realty sells data centers to Singapore’s Mapletree for $1.4bn
News 23 hours ago
Digital Realty sells data centers to Singapore’s Mapletree for $1.4bn
Source CRE HERALD

Digital Realty has entered into definitive agreements with affiliates of Singapore-based Mapletree Investments Pte Ltd and Mapletree Industrial...

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Net Lease REIT W.P. Carey Beefs Up Industrial Acquisitions
News 1 day ago
Net Lease REIT W.P. Carey Beefs Up Industrial Acquisitions

NEW YORK CITY-W. P. Carey Inc., a global net-lease REIT, has acquired three industrial properties totaled at $111 million amid fierce competition...

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Years in the making, Arizona homebuilder starts work on huge North Carolina community
News 1 day ago
Years in the making, Arizona homebuilder starts work on huge North Carolina community

After more than four years of planning and preparation, an Arizona homebuilder has begun work on a large residential community in the Raleigh,...

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After major McDonald's setback, ad agency We Are Unlimited's survival in doubt
News 1 day ago
After major McDonald's setback, ad agency We Are Unlimited's survival in doubt

We Are Unlimited was stripped of its designation as lead creative agency for McDonald's in the United States late last week. That development may...

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News 1 day ago
100 Best Places

Clarksville, Tennessee ranked #1 by Money Magazine for best city to live in the U.S. 100 Best Places NAI Clarksville

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40 Under 40: “We do what other conventional mortgages cannot do, and as a result we are able to change lives”
News 1 day ago
40 Under 40: “We do what other conventional mortgages cannot do, and as a result we are able to change lives”

What is your greatest professional accomplishment? The development and growth of building my own business and creating Stratton Equities – the...

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Fred's discount retail store to be delisted from the Nasdaq
News 1 day ago
Fred's discount retail store to be delisted from the Nasdaq

Due to Fred's filing for bankruptcy, the company is now set to be delisted from the Nasdaq. According to a Sept. 13 U. S. Securities and Exchange...

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3 Tech CEOs Transforming The Commercial Real Estate Industry
News 1 day ago
3 Tech CEOs Transforming The Commercial Real Estate Industry
Source Forbes

It’s no secret that many industries have experienced disruption from technological innovation, from Uber’s effects on the taxi industry to Amazon’s...

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10 Must Reads for the CRE Industry Today (September 16, 2019)
News 1 day ago
10 Must Reads for the CRE Industry Today (September 16, 2019)

How Will the New FHFA CAP Affect Green Lending? "The Federal Housing Finance Agency has just made some major changes to the lending cap for Fannie...

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SMART Financial acquires 19 stores including 12 in the Midwest
News 1 day ago
SMART Financial acquires 19 stores including 12 in the Midwest
Source RE Journal

SMART Financial, a specialty financial services and retail company, is expanding its presence across the U. S. by acquiring 11 Illinois stores, one...

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California realtors oppose new rent control measures
News 1 day ago
California realtors oppose new rent control measures

Californian lawmakers last Wednesday approved a bill that, if it comes into effect, would lead to rents being capped throughout the state. The move...

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Children’s Fashion Designer and Denim Maker Ink Deals for Garment District Offices
News 1 day ago
Children’s Fashion Designer and Denim Maker Ink Deals for Garment District Offices

A children’s fashion designer and a denim manufacturer both inked deals to take space in 242 West 36th Street, Commercial Observer has learned. In...

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Just One-Quarter of Public Company Executives Call Lease Accounting Implementation 'Complete'
News 1 day ago
Just One-Quarter of Public Company Executives Call Lease Accounting Implementation 'Complete'

NEW YORK, Sept. 16, 2019 /PRNewswire/ -- Just 26.3% of public company executives report that their implementation of the Financial Accounting...

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News 1 day ago
CBRE Earns Place on Dow Jones Sustainability World Index
Source CBRE

LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE:CBRE) today announced that it has been included in the Dow Jones Sustainability World Index ...

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WeWork To Delay IPO For At Least A Month
News 1 day ago
WeWork To Delay IPO For At Least A Month

WeWork's much-anticipated IPO is going to have to wait. The We Company, the parent company of WeWork, was expected to begin its roadshow this week,...

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Treasury Plans To Restrict Multifamily Lending In Areas With Rent Control
News 1 day ago
Treasury Plans To Restrict Multifamily Lending In Areas With Rent Control

The U. S. Treasury Department's plan to make Fannie Mae and Freddie Mac private again also included a proposal that would make it more difficult to...

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Majority of nation's housing markets have now recovered from housing recession
News 1 day ago
Majority of nation's housing markets have now recovered from housing recession
Source HousingWire

As home price appreciation strengthens across the country, a report from HSH, an online lending marketplace, suggests home prices have now returned...

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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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