Local News

Michael Rudin to Present Keynote Address at Upcoming CREtech Conference in New York
Press Release 6 hours ago
Michael Rudin to Present Keynote Address at Upcoming CREtech Conference in New York
Source CREtech

Rudin to Present Overview of Historic Dock 72 Development as well as Discuss Rudin Ventures at the Premier Commercial Real Estate Tech Conference...

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Knotel Crowned a Unicorn in Wake of Rival WeWork’s IPO Filing
News 2 days ago
Knotel Crowned a Unicorn in Wake of Rival WeWork’s IPO Filing

Flexible-workspace provider Knotel became the latest start-up to reach unicorn status after it closed on a $400 million funding round, a week after...

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Washington, D.C.’s office investment landscape is changing – and fast
News 2 days ago
Washington, D.C.’s office investment landscape is changing – and fast

Washington, D. C.'s office asset pricing, especially for high-end product, has soared in the last few years. After having several consecutive years...

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Inside Howard Hughes' Latest Plans For Alexandria's Obsolete Landmark Mall
News 2 days ago
Inside Howard Hughes' Latest Plans For Alexandria's Obsolete Landmark Mall

Old shopping malls across the country have been eyed for redevelopment as department stores continue to struggle and owners look to add a mix of...

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Amazon's Data Center Arm Pays $116M For Northern Virginia Site
News 2 days ago
Amazon's Data Center Arm Pays $116M For Northern Virginia Site

Amazon is making waves in Northern Virginia with the development of its second headquarters, but the tech giant continues to quietly grow its...

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Developers Under Contract To Buy Hechinger Mall, Potentially Setting Up Huge H Street Corridor Project
News 2 days ago
Developers Under Contract To Buy Hechinger Mall, Potentially Setting Up Huge H Street Corridor Project

An 8.6-acre shopping center property on the eastern edge of the H Street corridor could soon become D. C.'s next major mixed-use development. MRP...

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Ivy City- Hip Industrial Neighborhood
Blog 2 days ago
Ivy City- Hip Industrial Neighborhood

Photo: Ted Eytan It may not be one of DC’s largest neighborhoods, but Ivy City is certainly gaining in popularity. Much of the recent...

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Port Orange Multifamily Lands $65M Refinance Deal
Blog 2 days ago
Port Orange Multifamily Lands $65M Refinance Deal

PORT ORANGE, FL-The ownership of the 510-unit Legacy at Crystal Lake apartment development here has secured a $65-million refinancing deal....

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Carter Multifamily Acquires Georgia Portfolio for $118.2M
Blog 2 days ago
Carter Multifamily Acquires Georgia Portfolio for $118.2M

AUGUSTA, GA - Carter Multifamily has acquired five Georgia apartment communities for the collective price of $118.2 million in a joint venture...

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124 Apartments Delivering in Downtown Silver Spring this October
Blog 2 days ago
124 Apartments Delivering in Downtown Silver Spring this October
Source Urban Turf

Another 124 rental units are on the cusp of delivering at the Fenton Silver Spring. The development at 900 Thayer Avenue (map) will contain 5,500...

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Columbia Achieves Full Occupancy at D.C. Flexible Office Space
News 2 days ago
Columbia Achieves Full Occupancy at D.C. Flexible Office Space

Columbia Property Trust has reached full occupancy at The Link, a 21,000-square-foot flexible office and amenity program located within 1800 M...

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What $3,400 rents in D.C. right now
Blog 2 days ago
What $3,400 rents in D.C. right now
Source Curbed - D.C.

Alyssa Nassner See your options in neighborhoods like Navy Yard and Bloomingdale Welcome to Curbed Comparisons, a column that explores what one can...

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Case Study: AKA, the Global Leader in Luxury Hotel Residences, Provides A Personalized Resident Experience Using Maestro Multi-Property Cloud PMS
News 3 days ago
Case Study: AKA, the Global Leader in Luxury Hotel Residences, Provides A Personalized Resident Experience Using Maestro Multi-Property Cloud PMS

Case Study: AKA is a portfolio of 12 unique properties, located in prime locations including New York City, Los Angeles, London, Washington DC and...

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Salesforce CEO Marc Benioff invests in Vancouver startup
News 3 days ago
Salesforce CEO Marc Benioff invests in Vancouver startup

After a $23 million funding round that closed Monday, housing supply technology startup Blokable has plans to expand beyond its headquarters in...

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Neighbor is out to disrupt self-storage: It's like Airbnb for your stuff
News 3 days ago
Neighbor is out to disrupt self-storage: It's like Airbnb for your stuff

Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement. CBO expects deficit to grow more than...

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First Washington Realty Acquires Fairmont Shopping Center in Pacifica, California
News 3 days ago
First Washington Realty Acquires Fairmont Shopping Center in Pacifica, California

Safeway and Rite Aid anchor Fairmont Shopping Center, a 102,982-square-foot community shopping center in Pacifica, Calif. PACIFICA, CALIF. -...

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Amazon HQ2 Adds $200,000 To Crystal City Home Prices
News 3 days ago
Amazon HQ2 Adds $200,000 To Crystal City Home Prices
Source Forbes

Summer is usually when real estate activity starts to slow down in the Washington, D. C. area, but not so for the neighborhood surrounding Amazon's...

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MidAtlantic Pulse: Construction bids for August 2019
News 3 days ago
MidAtlantic Pulse: Construction bids for August 2019
Source ENR.com

The Dover Police Dept. is building a $3-million evidence warehouse facility on Queen Street in Dover. Schematic drawings are underway, but there is...

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Today's Rental was chosen for the odd stock photography
Blog 3 days ago
Today's Rental was chosen for the odd stock photography

This rental is located at 3930 Georgia Avenue NW. The Craigslist ad says: “$3700 / 3br – 1282ft2 – 3Bed, Stunning Views of Downtown DC, close to...

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“HUD AWARDS $1 MILLION TO CLEAN UP LEAD HAZARDS  IN DISTRICT OF COLUMBIA PUBLIC HOUSING”
Blog 3 days ago
“HUD AWARDS $1 MILLION TO CLEAN UP LEAD HAZARDS IN DISTRICT OF COLUMBIA PUBLIC HOUSING”

From a press release: “The U.S. Department of Housing and Urban Development (HUD) today awarded $1 million to the District of Columbia Housing...

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New Operator Of Isabella Eatery Space Sued For 'Deftly Stealing' Intellectual Property
News 3 days ago
New Operator Of Isabella Eatery Space Sued For 'Deftly Stealing' Intellectual Property

A retail brokerage that partnered on the December opening of a beleaguered Tysons food hall is suing its operator for cutting it out of the deal....

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Streetsense Hires New COO From Rand Construction
News 3 days ago
Streetsense Hires New COO From Rand Construction

Streetsense has just added a 30-year commercial real estate veteran to its C-suite. The Bethesda-based strategy and design firm announced Tuesday...

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Dorchester Center’s 3 Aspinwall to include 34 condos as well as sidewalk improvements
Blog 3 days ago
Dorchester Center’s 3 Aspinwall to include 34 condos as well as sidewalk improvements

Rendering via RODE Architects Project replaces the long-vacant Nelson Manor nursing home near the Shawmut T stop The long-vacant Nelson Manor...

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The Over 1,150 Units Destined for Congress Heights
Blog 3 days ago
The Over 1,150 Units Destined for Congress Heights
Source Urban Turf

Today, UrbanTurf turns our attention to the residential pipeline in the neighborhood with one of the most competitive housing markets citywide:...

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Washington REIT Snags Apartment Community in Alexandria for $70M
News 3 days ago
Washington REIT Snags Apartment Community in Alexandria for $70M
Source Connect Media

Washington REIT has acquired Cascade at Landmark Apartments, a 277-unit multifamily community in Alexandria, VA. The sales price was reported as ...

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Santa Fe expansion planned to serve as Meow Wolf's HQ
News 3 days ago
Santa Fe expansion planned to serve as Meow Wolf's HQ

SANTA FE — Meow Wolf, the wildly successful Santa Fe arts business that has announced plans to expand to four major American cities, is now...

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NRF Reports Strong Gains in July Retail Sales; Stock Market, Tariffs Could Cause Caution
News 3 days ago
NRF Reports Strong Gains in July Retail Sales; Stock Market, Tariffs Could Cause Caution

Retail sales were up 0.9% in July, seasonally adjusted from June and up 5.6% unadjusted year-over-year, the National Retail Federation (NRF)...

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Rabbits Briefly Tore Apart The Tenleytown Listserv
Blog 3 days ago
Rabbits Briefly Tore Apart The Tenleytown Listserv
Source Dcist

A Tenleytown resident says he was just asking some questions about bunnies on the local listserv, but his query prompted more than a day of heated...

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Brooks Running Co. speeds up online delivery
News 3 days ago
Brooks Running Co. speeds up online delivery

Brooks Running Co. is entering the same-day delivery race. Brooks, which sells running footwear and apparel directly to consumers online as and...

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Presidential hopefuls Warren, Booker, Gillibrand and Klobuchar take aim at T-Mobile-Sprint merger
News 4 days ago
Presidential hopefuls Warren, Booker, Gillibrand and Klobuchar take aim at T-Mobile-Sprint merger

Congressional Democrats, including presidential candidates U. S. Sens. Amy Klobuchar, Elizabeth Warren, Cory Booker and Kirsten Gillibrand, in an...

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AmeriHealth Caritas marks milestone at new HQ
News 4 days ago
AmeriHealth Caritas marks milestone at new HQ

Equus Capital Partners has marked the topping out of a five-story, 378,000-square-foot headquarters for AmeriHealth Caritas at Ellis Preserve in...

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National News

Capital Impact Partners Launches New A+* Rated $150 Million Investment Note Offering To Engage Investor Support For Underinvested Communities
News 1 hour ago
Capital Impact Partners Launches New A+* Rated $150 Million Investment Note Offering To Engage Investor Support For Underinvested Communities

ARLINGTON, Va., Aug. 23, 2019 /PRNewswire/ -- Capital Impact Partners, a nonprofit corporation, certified by the U. S. Department of Treasury's...

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Steadfast’s New REIT Plans to Focus on Development and Renovation in a Tough Acquisition Environment
News 2 hours ago
Steadfast’s New REIT Plans to Focus on Development and Renovation in a Tough Acquisition Environment

A multifamily powerhouse that envisions spending as much as $300 million a year on ground-up development, as well as millions of dollars on...

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Flexible workspace provider Knotel raises $400M from Kuwaiti fund
News 3 hours ago
Flexible workspace provider Knotel raises $400M from Kuwaiti fund
Source CRE HERALD

Knotel, a flexible workspace provider, has completed a $400 million financing, led by Wafra, an investment arm of the Sovereign Wealth Fund of...

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10 Must Reads for the CRE Industry Today (August 23, 2019)
News 3 hours ago
10 Must Reads for the CRE Industry Today (August 23, 2019)

CRE's Top 10 Issues: A Deeper Dive "Counselors of Real Estate chair Julie Melander takes a more intensive look into the key issues impacting the...

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New development chief at Phillips Edison
News 3 hours ago
New development chief at Phillips Edison

K. C. Bills, who joined Phillips Edison & Company just two years ago, has been chosen to take the lead on the sourcing and development of the...

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Gap Sales Decline Again, Even at Old Navy
News 3 hours ago
Gap Sales Decline Again, Even at Old Navy

Same-store sales, a closely watched metric in retail, fell 4% at the overall company in the second quarter, which was worse than expected. Old Navy...

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NYC Says U.S. Open Tennis Venue Shortchanged the City on Rent
News 4 hours ago
NYC Says U.S. Open Tennis Venue Shortchanged the City on Rent

City Comptroller Scott Stringer also found an $8 million discrepancy in USTA financial reports, indicating that an additional $82,000 may be owed...

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Commercial Exchange: The National Marketplace Attracting CRE Investors
News 4 hours ago
Commercial Exchange: The National Marketplace Attracting CRE Investors

Find your next commercial property investment on commercialexchange.com Commercial Exchange: The National Marketplace Attracting CRE Investors

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US Open underpaid rent, George Takei is selling on Billionaires’ Row: Daily digest
News 5 hours ago
US Open underpaid rent, George Takei is selling on Billionaires’ Row: Daily digest

Every day, The Real Deal rounds up New York’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this...

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Economic Momentum, Monetary Policy Sustain Commercial Real Estate Pricing in U.S.
News 6 hours ago
Economic Momentum, Monetary Policy Sustain Commercial Real Estate Pricing in U.S.

According to a new report released today from The American Institute of Architects, U. S. demand for design services in July 2019 remained...

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New home sales fell in July, but there's a silver lining in the clouds
News 6 hours ago
New home sales fell in July, but there's a silver lining in the clouds
Source HousingWire

Sales of new homes decreased to an annualized rate of 635,000 in July, according to the Census Bureau and the Department of Housing and Urban...

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Press Release 6 hours ago
NAI RCL Philippines Opens NAI Global Commercial Real Estate Office

News from NAI RCL Philippines   Contacts:              Gary Marsh, Marsh Marketing 415.999.3793 or gary@marshmarketing.com Estela F. Cancio +632...

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Walter P. Moore to oversee engineering for Walmart's new global HQ
News 7 hours ago
Walter P. Moore to oversee engineering for Walmart's new global HQ

A Houston-based engineering firm has been tapped to help design a new headquarters for one of the largest companies in the world. Engineers from...

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REIT Stocks Stay on Track in Slippery Conditions
News 11 hours ago
REIT Stocks Stay on Track in Slippery Conditions
Source Connect Media

In periods of economic turbulence, investing in commercial property is seen as a bastion of stability and dependability. Apparently the same can be...

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Sun Communities Buys Manufactured Home Portfolio for $344M
News 11 hours ago
Sun Communities Buys Manufactured Home Portfolio for $344M

SOUTHFIELD, MI-Sun Communities has acquired a manufactured home portfolio for $343.6 million under a merger with Jensen Communities, which is based...

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Odessa Economic Index Slows to YoY Single-Digit Growth
News 11 hours ago
Odessa Economic Index Slows to YoY Single-Digit Growth
Source Connect Media

The Odessa (TX) Economic Index in May 2019 increased to 268.1, up from April 2019’s 267.9. On a year-over-year basis, the OEI increased 9.2% from...

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When Impact Investing, Consider Taking a Small Area, But Think Big
News 14 hours ago
When Impact Investing, Consider Taking a Small Area, But Think Big

Opportunity Zones are the newest pitch in real estate. But what opportunities and tax incentives can opportunity zones offer the investors? No...

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Highwoods Properties Enters Charlotte; Buys $436M Office Tower
News 19 hours ago
Highwoods Properties Enters Charlotte; Buys $436M Office Tower

CHARLOTTE, NC - Highwoods Properties has announced a series of future investment activities to enter into the Charlotte market and rotate out of...

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A glance at US mortgage rates: 30-year loan at 3.55%
News 21 hours ago
A glance at US mortgage rates: 30-year loan at 3.55%

A glance at US mortgage rates: long-term average rates are near historically low levels. The average on the benchmark 30-year loan fell this week...

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Crew Stadium and Development Proposal Headed to Commission
News 1 day ago
Crew Stadium and Development Proposal Headed to Commission

The site of the proposed stadium, with downtown in the distance. Photo by Brent Warren. The plan to build a new soccer stadium and mixed-use...

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Savills arranges sale of land  underlying Bank Note Building
News 1 day ago
Savills arranges sale of land underlying Bank Note Building

The Bank note Building Savills Capital Markets represented Lafayette Avenue, LLC in the sale of the land underlying the Banknote Building in The...

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Hino Trucks Commemorates Milestone Truck Delivery To Penske Truck Leasing
News 1 day ago
Hino Trucks Commemorates Milestone Truck Delivery To Penske Truck Leasing

NOVI, Mich., Aug. 22, 2019 /PRNewswire/ -- Just one day after Hino Trucks held the grand opening of their new manufacturing facility in Mineral...

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Curbio Named Winner at NAR's Second Annual iOi Summit Pitch Battle
News 1 day ago
Curbio Named Winner at NAR's Second Annual iOi Summit Pitch Battle

SEATTLE, Aug. 22, 2019 /PRNewswire/ -- The National Association of Realtors® announced that Curbio, a presale renovation technology startup company...

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Stocks climb after big US retailers post solid earnings
News 1 day ago
Stocks climb after big US retailers post solid earnings

Strong earnings reports from several big retailers helped drive stocks broadly higher Wednesday as the market bounced back from its first loss in...

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April 2019
News 1 day ago
April 2019

Multifamily Starts: According to the U. S. Census Bureau and the U.S. Department of Housing and Urban Development, starts of buildings with five or...

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Barneys Wants ‘Strong Digitally Focused Partner’ for Next Stage
News 1 day ago
Barneys Wants ‘Strong Digitally Focused Partner’ for Next Stage

"We have a very tight timeline to come out of this chapter," said Katherine Bahamonde Monasebian, chief digital and technology officer at the...

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Apartment Jobs Snapshot for July 2019
News 1 day ago
Apartment Jobs Snapshot for July 2019

Healthy levels of new construction coupled with the summer leasing season led to increased demand for apartment workers in July. More than two out...

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Another WeWork Rival Lures Cash, Tapping Brookfield and Equinox
News 1 day ago
Another WeWork Rival Lures Cash, Tapping Brookfield and Equinox

New York-based startup Industrious raised $80 million from backers including Brookfield Properties, luxury fitness chain Equinox and the Canada...

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RCA’s Jim Costello Breaks Down the Firm’s Latest CPPI Numbers
News 1 day ago
RCA’s Jim Costello Breaks Down the Firm’s Latest CPPI Numbers

Research firm Real Capital Analytics (RCA) came out with its new CPPI today, showing that the national all-property price index rose by 6.3 percent...

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Pricing Remains Stagnant into Second Half
News 1 day ago
Pricing Remains Stagnant into Second Half

Commercial real estate pricing has entered the summer doldrums, as pricing remained flat from the month prior and a year ago per the Ten-X...

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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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