Local News

CREtech Announces Its 3rd Annual Trailblazers Summit To Be Held In Napa Valley, California
Press Release 23 hours ago
CREtech Announces Its 3rd Annual Trailblazers Summit To Be Held In Napa Valley, California
Source CREtech

Exclusive C-Level Retreat For Real Estate And Tech Sectors Will Feature World-Renowned Speakers And Is Already Half-Sold OutNew York, NY ...

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Press Release 2 days ago
JLL completes $62.7M sale of Maryland mixed-use property

WASHINGTON D.C. – JLL Capital Markets announced today that it has completed the $62.7 million sale of Monument Village at College Park, a mixed...

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Trade Association Signs 12-Year Renewal at DC’s Hall of States Building
News 2 days ago
Trade Association Signs 12-Year Renewal at DC’s Hall of States Building

The National Governors Association (NGA) has inked a 23,000-square-foot lease renewal at the Hall of States building in Washington, D.C.’s Capitol...

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Primrose Schools Leases Space at Parks at Walter Reed
News 2 days ago
Primrose Schools Leases Space at Parks at Walter Reed

Primrose Schools has signed a 16,576-square-foot lease at the Parks at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical...

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Silverback Development Opens D.C. Office
News 2 days ago
Silverback Development Opens D.C. Office

New York-based real estate developer Silverback Development has opened a new office in Washington D.C. The new office will be headed up by senior...

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Real Estate Tax Hike, Admission Tax In Fairfax's Proposed Budget
News 3 days ago
Real Estate Tax Hike, Admission Tax In Fairfax's Proposed Budget

FAIRFAX COUNTY, VA - Fairfax County residents could see the average real estate tax bill increase by $346 next year, if the Board of Supervisors...

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WeWork’s D.C. Head Says It Will Grow Again, But Listless Office Market Isn’t Holding Its Breath
News 3 days ago
WeWork’s D.C. Head Says It Will Grow Again, But Listless Office Market Isn’t Holding Its Breath

WeWork has not leased a new D.C. office space in the six months since its high-profile IPO implosion, a hiatus that has hurt an office market...

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Amazon Leases Another Full Building In National Landing
News 3 days ago
Amazon Leases Another Full Building In National Landing

Amazon is growing its HQ2 footprint with a full-building lease as it continues to build out the first phase of new development. Amazon has leased...

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Foulger-Pratt Buys College Park Mixed-Use Property For $63M
News 3 days ago
Foulger-Pratt Buys College Park Mixed-Use Property For $63M

A four-year-old mixed-use development in College Park has just traded hands between two D. C.-area real estate companies. Monument Realty sold the...

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Public-Private Partnership to Convert from Market-Rate Apartments to College-Affiliated Student Living Community
News 3 days ago
Public-Private Partnership to Convert from Market-Rate Apartments to College-Affiliated Student Living Community

ARLINGTON, VA - The Michaels Organization has been selected by Marymount University as its property management partner for The Rixey in Arlington,...

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Stan Sidor Appointed Real Estate Appraiser Commission
News 3 days ago
Stan Sidor Appointed Real Estate Appraiser Commission

February 24, 2020- Stan Sidor, a senior vice president and manager for Kidder Mathews Valuation Advisory Services and a shareholder in the firm,...

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Co-owner of NBA and NHL teams sells Fisher Island condo
News 3 days ago
Co-owner of NBA and NHL teams sells Fisher Island condo

7600 Fisher Island Drive and Raul Fernandez A co-owner of the Washington Wizards and Washington Capitals sold his Fisher Island condo at a slight...

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Supreme Court hears battle over Atlantic Coast Pipeline
News 3 days ago
Supreme Court hears battle over Atlantic Coast Pipeline

The Supreme Court on Monday appeared ready to remove an obstacle to construction of the Atlantic Coast Pipeline, with a majority of justices...

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Supreme Court wades into battle over Atlantic Coast Pipeline
News 3 days ago
Supreme Court wades into battle over Atlantic Coast Pipeline

The Supreme Court on Monday appeared ready to remove an obstacle to construction of the Atlantic Coast Pipeline, with a majority of justices...

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D.C. public defender's office pushes back against GSA consolidation
News 3 days ago
D.C. public defender's office pushes back against GSA consolidation

The Public Defender Service for the District of Columbia does not want to be lumped in with two other federal agencies as part of a planned...

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How Delaware is capitalizing on its record 2018 tourism numbers
News 3 days ago
How Delaware is capitalizing on its record 2018 tourism numbers

The Delaware Tourism Office will be sending about two dozen Ubers and Lyfts outfitted in "car-vertisements" into the streets of Washington, D. C.,...

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Data Center Industry Locations: Data-Driven Growth
News 3 days ago
Data Center Industry Locations: Data-Driven Growth

According to JLL's 2019 Data Center Outlook report, the demand for data is altering the data center landscape. The exponential growth of data...

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Supreme Court Hears Battle Over Atlantic Coast Pipeline
News 3 days ago
Supreme Court Hears Battle Over Atlantic Coast Pipeline

The Supreme Court on Monday appeared ready to remove an obstacle to construction of the Atlantic Coast Pipeline, with a majority of justices...

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CBRE Hires Hausfeld as Executive VP in D.C.
News 3 days ago
CBRE Hires Hausfeld as Executive VP in D.C.

CBRE has announced the hiring of Joshua Hausfeld as executive vice president focusing on debt and structured finance within its senior housing...

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JLL Brokers Sale of 84K-SF Office Building in East End
News 3 days ago
JLL Brokers Sale of 84K-SF Office Building in East End

JLL has arranged the sale of 1313 L Street, an 84,040-square-foot office building in Washington D.C.’s East End submarket. The sales price was not...

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The 2019 DC-Area New Condo Market, By the Numbers
Blog 3 days ago
The 2019 DC-Area New Condo Market, By the Numbers
Source Urban Turf

A new report by condo sales and marketing firm McWilliams|Ballard aggregates sales and pipeline information from 2019 to lend some context to the...

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DC, Sao Paulo Hospitality Assets Trade for $208M
News 3 days ago
DC, Sao Paulo Hospitality Assets Trade for $208M

Park Hotels & Resorts has finalized the disposition of two of its assets for a gross sale price of $207.9 million. The company sold the 197-key...

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Joint Venture Acquires Office Building in D.C. for $34.7M, Plans to Reposition as Apartments
News 3 days ago
Joint Venture Acquires Office Building in D.C. for $34.7M, Plans to Reposition as Apartments

WASHINGTON, D.C. - A joint venture between Lincoln Property Co. and Cadillac Fairview has acquired 1313 L Street, an 84,040-square-foot office...

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Marymount University Acquires 267-Unit Multifamily Community in Northern Virginia, Plans Student Housing Conversion
News 3 days ago
Marymount University Acquires 267-Unit Multifamily Community in Northern Virginia, Plans Student Housing Conversion

The Rixey is currently being transitioned into a college-affiliated student housing community by Marymount University. ARLINGTON, VA. - Marymount...

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$1.3 Billion in Lost Revenue: The Impacts of Retail Devaluation in Black Neighborhoods
Blog 4 days ago
$1.3 Billion in Lost Revenue: The Impacts of Retail Devaluation in Black Neighborhoods
Source Urban Turf

What's Hot: 418 Apartments, Pedestrian Promenade Proposed For Courthouse Landmark Block | The 2019 DC-Area New Condo Market, By the Numbers What's...

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Apartment Community On D.C.-Maryland Border Sells For $48M
News 4 days ago
Apartment Community On D.C.-Maryland Border Sells For $48M

Investor demand for workforce housing remains strong, with the latest deal closing on the D. C.-Maryland border. Melnick Real Estate Advisors...

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St. John Properties Moving Forward With Over 1,000 Residences At Prince George's County Site
News 4 days ago
St. John Properties Moving Forward With Over 1,000 Residences At Prince George's County Site

St. John Properties is moving forward with three residential projects that will add over 1,000 units to a 466-acre Prince George's County site. The...

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Northridge/Kamco JV Acquires Santa Clara Campus for $276M
News 4 days ago
Northridge/Kamco JV Acquires Santa Clara Campus for $276M

A joint venture of Washington, DC-based Northridge Capital and Kuwait-based Kamco Invest has acquired The Campus at Lawson Lane in Santa Clara, CA,...

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Blog 4 days ago
Rebuilding Place in the Urban Space: Basic planning building blocks for urban commercial district revitalization programs that most cities haven't packaged: Part 1

======1. Mandate a consultation and review process for all projects within designated "revitalization zones."2. Design and development guidelines.3...

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Industry spotlight: Real estate firms hiring big in Washington
News 4 days ago
Industry spotlight: Real estate firms hiring big in Washington

Washington's real estate industry is experiencing strong job growth. Local employers posted 146 new jobs over the past week and 534 in the last...

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Applauding the Best and Brightest: 2020 Newsmakers to Be Celebrated This Spring
News 4 days ago
Applauding the Best and Brightest: 2020 Newsmakers to Be Celebrated This Spring

RISMedia’s 2019 Real Estate Newsmakers Reception & Dinner (Credit: PlanOmatic) This spring, RISMedia’s 2020 Real Estate Newsmakers are being...

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National News

Competitive capital markets available for NNN properties - by Peter Tousignant
News 5 hours ago
Competitive capital markets available for NNN properties - by Peter Tousignant

Investor and lender demand for quality real estate remains strong, with much attention often focused on the multifamily and industrial asset...

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News 12 hours ago
Fourth Quarter and Full Year 2019 Earnings Report
Source West

MEXICO CITY, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Terrafina® ("TERRA" or "the Company") (BMV: TERRA13), a leading Mexican industrial real estate...

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The Horrifying Things I’ve Seen as an Office Manager in Silicon Valley
News 13 hours ago
The Horrifying Things I’ve Seen as an Office Manager in Silicon Valley
Source Medium Tech

This article is part of San Francisco Confesses, a feature series dedicated to anonymous stories from locals they'd never share with their name...

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LeaseLock Releases Automated Claims for Rental Housing
News 15 hours ago
LeaseLock Releases Automated Claims for Rental Housing

MARINA DEL REY, Calif., Feb. 27, 2020 /PRNewswire/ -- LeaseLock, the only provider of a nationwide A-rated lease insurance program that totally...

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Pending Sales Shoot Up 5.2 Percent
News 15 hours ago
Pending Sales Shoot Up 5.2 Percent

In January, pending sales shot up 5.2 percent, according to the latest National Association of REALTORS® Pending Home Sales Index, based on...

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Rausch Coleman Homes affiliate acquires 91 lots off Stonebriar Drive in Calera
News 15 hours ago
Rausch Coleman Homes affiliate acquires 91 lots off Stonebriar Drive in Calera

An Arkansas homebuilder has purchased some vacant land near the intersection of Interstate 65 and Highway 25 in Shelby County. Shelby County public...

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US mortgage rates decline; 30-year loan at 3.45%
News 19 hours ago
US mortgage rates decline; 30-year loan at 3.45%

WASHINGTON (AP) - U. S. long-term mortgage rates declined this week as growing concern over the economic impact of China's viral outbreak spurred a...

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JCPenney is closing six more stores
News 19 hours ago
JCPenney is closing six more stores

The tough times continue for JCPenney. The department store chain announced plans Thursday to close six additional stores as sales and profit...

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Mortgage rates keep slipping as market jitters continue
News 20 hours ago
Mortgage rates keep slipping as market jitters continue

Mortgage rates slipped this week, as the stock market sell-off resulted in investors moving into bonds which drove the 10-year Treasury yield down,...

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Mortgage rates fall to three-year low amid coronavirus fears — here’s why they may not hit an all-time low
News 20 hours ago
Mortgage rates fall to three-year low amid coronavirus fears — here’s why they may not hit an all-time low

Mortgage rates dropped back to a three-year low, extending the possibility of major savings for Americans who choose to refinance their home loans....

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Investor buys Dollar General store for $1.5M
News 21 hours ago
Investor buys Dollar General store for $1.5M

Description of property: A net-leased discount retail store Behind the deal: The property generated multiple offers from investors nationally...

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JC Penney says sales declines expected to continue into 2020, more store closures ahead
News 23 hours ago
JC Penney says sales declines expected to continue into 2020, more store closures ahead

J. C. Penney's fourth-quarter earnings topped analysts' expectations, despite steep sales declines during the holiday season, the company said...

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REQ: Low mortgage rates continue to defy expectation
News 23 hours ago
REQ: Low mortgage rates continue to defy expectation

Coronavirus and the lack of confidence in U. S. manufacturing are the latest events to impact markets and keep rates dipping. This account isn't...

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CBRE Group, Inc. Reports Financial Results For Q4 And Full Year 2019
News 1 day ago
CBRE Group, Inc. Reports Financial Results For Q4 And Full Year 2019

CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the fourth quarter and year ended December 31, 2019....

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CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2019
News 1 day ago
CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2019
Source CBRE

LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the fourth quarter and year ended December 31,...

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Bath & Body Works expansion plans rattle some nerves
News 1 day ago
Bath & Body Works expansion plans rattle some nerves
Source Retail Dive

L Brands' fourth quarter report itself revealed few surprises - that was accomplished last week when the company announced that Sycamore is...

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Realogy’s Brokerage, Title Segments Have New Names
News 1 day ago
Realogy’s Brokerage, Title Segments Have New Names

MADISON, NJ-National real estate services firm Realogy reports it has renamed some of its operating segments, including its NRT brokerage, which...

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J.C. Penney Closing More Stores As Sales Decline
News 1 day ago
J.C. Penney Closing More Stores As Sales Decline
Source CBS Boston

(CNN) — The tough times continue for JCPenney. The department store chain announced plans Thursday to close six additional stores as sales and...

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Bath & Body Works has big store expansion plans
News 1 day ago
Bath & Body Works has big store expansion plans

L Brands has big plans for its growing Bath & Body Works business. The retailer reported that fourth quarter net sales fell to $4.7 billion from $4...

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Chico’s Q4 brings gains across all its brands; Soma leads comeback
News 1 day ago
Chico’s Q4 brings gains across all its brands; Soma leads comeback

Chico's FAS narrowed its loss in a quarter that, for the first time in six years, brought increases across all its three brands. While all...

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Local Jobs

Job 4 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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