Local News

D.C. has the best city park system in the U.S., Trust for Public Land study says
Blog 23 hours ago
D.C. has the best city park system in the U.S., Trust for Public Land study says
Source Curbed - D.C.

Nearly all District residents live within a 10-minute walk of a park Step aside, Minneapolis: The District is the nation’s park capital now. At...

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Market Research 1 day ago
Forecast 2019 to 2025 | Global Marine Signaling Devices Market Analysis | Top Key Players- Forespar, Glamox, Hella Marine, Kahlenberg Industries, Kama Industries, Marinco, NRS Solutions, Ocean Signal, Osculati, Perko, Pfannenberg, Plastimo

  Report Description Global Marine Signaling Devices Market Size, Share, Status and Forecast 2019-2025 The Global Marine Signaling Devices Market...

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Carr Properties Breaks Ground on D.C.’s Signal House
News 1 day ago
Carr Properties Breaks Ground on D.C.’s Signal House
Source Connect Media

Washington, D.C.-based Carr Properties broke ground on Signal House, a creative office project in Northeast Washington, D.C. The 225,000-square...

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Staying Ahead of Innovation: How Leading Brokers Maintain Their Competitive Edge
News 1 day ago
Staying Ahead of Innovation: How Leading Brokers Maintain Their Competitive Edge

” RISMedia’s 2019 Power Broker and Real Estate Newsmakers Forum (Credit: AJ Canaria of PlanOmatic) The seas of real estate are constantly churning...

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That Dramatic Petition About Noise Complaints At The Pie Shop, Explained
Blog 1 day ago
That Dramatic Petition About Noise Complaints At The Pie Shop, Explained
Source Dcist

H Street Northeast pie purveyor and indie-music haven Dangerously Delicious sent an urgent message over Twitter last Wednesday. “We, an established...

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Kroger partners with e-commerce platform Loop to provide reusable packaging
News 1 day ago
Kroger partners with e-commerce platform Loop to provide reusable packaging

Kroger Co. is partnering with e-commerce platform Loop to launch a reusable packaging system for its customers. The initiative will enable...

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Glassy offices to rise atop the West Loop’s old ‘Prairie Farmer’ building
Blog 1 day ago
Glassy offices to rise atop the West Loop’s old ‘Prairie Farmer’ building

The development will breathe new life into the former home of “Prairie Farmer” magazine and WLS Studios The West Loop’s office boom is showing few...

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Yardi Corporate Blog
Blog 1 day ago
Yardi Corporate Blog

Mr. Yardi addresses the YASC General Session on May 21. The first Yardi Advanced Solutions Conference (YASC) of 2019 kicked off this morning in...

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New twist favors Cogent CEO in Tysons bankruptcy case
News 1 day ago
New twist favors Cogent CEO in Tysons bankruptcy case

An affiliate of Cogent Communications (NASDAQ: CCOI) CEO Dave Schaeffer has emerged as the winning bidder for part of a stalled development site in...

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Kroger and Loop Announce Exclusive Grocery Retail Partnership
News 1 day ago
Kroger and Loop Announce Exclusive Grocery Retail Partnership

CINCINNATI, May 21, 2019 /PRNewswire/ -- The Kroger Co. (NYSE: KR) and Loop, the revolutionary circular e-commerce platform developed by TerraCycle...

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NAR Midyear 2019 Recap
Blog 1 day ago
NAR Midyear 2019 Recap

The REALTORS® Legislative Meetings in Washington D.C. have become a mainstay on our WAV Group travel calendar. I guess that is why we still refer...

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Most experts agree that D.C. needs more housing. But building costs loom as a significant challenge.
News 1 day ago
Most experts agree that D.C. needs more housing. But building costs loom as a significant challenge.

The District and its inner suburbs aren't adding enough housing to meet demand, a new report argues - and experts say the high costs of building...

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Phipps Conservatory Facility Scores Sustainability Trifecta
News 1 day ago
Phipps Conservatory Facility Scores Sustainability Trifecta

Phipps Conservatory and Botanical Gardens in Schenley Park, Pittsburgh, Pa., unveiled its Exhibit Staging Center (ESC), a former public works...

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Crystal City Office Tower Sells for $100M
News 1 day ago
Crystal City Office Tower Sells for $100M

Starwood Capital Group has acquired Presidential Tower, a 349,303-square-foot, Class A office building in Arlington, Va., from Beacon Capital...

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Today's Rental is a
Blog 1 day ago
Today's Rental is a "Charming 1br with hardwood floors, custom kitchen and bathroom."

This rental is located at 1712 16th Street NW at Riggs Road. The Craigslist ad says: “$1950 / 1br – 555ft2 – Beautiful one bedroom- CH Houston...

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Adams Morgan's Line Hotel $46 Million Tax Abatement Appears in Jeopardy after AG Ruling unless
Blog 1 day ago
Adams Morgan's Line Hotel $46 Million Tax Abatement Appears in Jeopardy after AG Ruling unless "specific D.C. hiring requirements" met

1780 Columbia Road, NW From Councilmember Silverman’s office: “In response to a request from two D.C. Council members, D.C. Attorney General Karl...

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Fairfax County Office Portfolio Trades For $87M Following Foreclosure
News 1 day ago
Fairfax County Office Portfolio Trades For $87M Following Foreclosure

Five buildings in a Fairfax County office park that went into foreclosure in 2016 have just traded hands. US Bank National Association sold the...

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www.nar.realtor
News 1 day ago
www.nar.realtor

Association directors take actions on Code of Ethics, MLS, and other policies-and approve three more years of national advertising. From the...

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NoVa Data Center Builders Battle For Tenants In World's Largest Market
News 1 day ago
NoVa Data Center Builders Battle For Tenants In World's Largest Market

Northern Virginia has cemented its place as the world's largest data center market with a continued boom of new development, but the increasingly...

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Dressbarn shutting it all down. A dozen stores span Greater Washington.
News 1 day ago
Dressbarn shutting it all down. A dozen stores span Greater Washington.

Dressbarn announced Monday plans to shutter all of its remaining 650 stores, including the dozen still open in Greater Washington. The Mahway, New...

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Salad Days: How Sweetgreen Quickly Built Its Billion-Dollar Valuation
News 1 day ago
Salad Days: How Sweetgreen Quickly Built Its Billion-Dollar Valuation

It takes a lot of ingredients to build a fast-casual restaurant chain toward a billion-dollar valuation. Few thought that lettuce would be one of...

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Blog 2 days ago
FHA working on plan to approve more condo mortgages

Sign in to use the "My Favorites" feature. Connect with us on: WASHINGTON - May 21, 2019 - Realtors® in Washington last week met with Department of...

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Grow Seattle: How the business community can help create equity in education
News 2 days ago
Grow Seattle: How the business community can help create equity in education

Trish Millines Dziko's mission is to educate people of color in science, technology, engineering and math, yet she's had to counsel people out of...

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Amazon is relabeling Ballston job listings as HQ2 specific
News 2 days ago
Amazon is relabeling Ballston job listings as HQ2 specific

Amazon.com Inc. has added new job posts to its HQ2 job website. But this time, the company relabeled positions from its Ballston location to the...

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Will 25% Tariffs On Chinese Goods Impact CRE?
Blog 2 days ago
Will 25% Tariffs On Chinese Goods Impact CRE?

After more than a year of tit-for-tat trade negotiations between China and the U.S., making sense of all the rhetoric and tariff adjustments has...

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Maketto Restaurateur Erik Bruner-Yang Is Opening an All-Day Cafe in Navy Yard
Blog 2 days ago
Maketto Restaurateur Erik Bruner-Yang Is Opening an All-Day Cafe in Navy Yard

Last year Maketto restaurateur Erik Bruner-Yang jumped into the hotel world, opening two concepts (Brothers and Sisters, Spoken English) in Adams...

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Falls Church, PN Hoffman and EYA team have deal to develop Little City Commons
News 2 days ago
Falls Church, PN Hoffman and EYA team have deal to develop Little City Commons

Plans for a major redevelopment in Falls Church are moving ahead, in a key first step for the transformation of the western edge of the small city....

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McLean Gardens: Urban Living in a Parklike Setting
Blog 2 days ago
McLean Gardens: Urban Living in a Parklike Setting

For urban living in a parklike setting, it’s time to explore the possibilities of living in McClean Gardens. This historic community sits in...

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Lake Oswego firm heading up Sammamish Town Center project in Washington
News 2 days ago
Lake Oswego firm heading up Sammamish Town Center project in Washington

The first phase of the long-held plan, which is backed by Benaroya, will have about 425 residences and a large amount of commercial space....

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Peterson, Foulger-Pratt to renovate Downtown Silver Spring, welcome The Eleanor
News 2 days ago
Peterson, Foulger-Pratt to renovate Downtown Silver Spring, welcome The Eleanor

Downtown Silver Spring is set for a $10 million overhaul, to include a new bowling venue and lounge, a new public plaza, public art and "dynamic...

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National News

Welltower Buys $1.25B Medical Office Portfolio from CNL
News 38 min 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 1 hour 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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Stan Johnson Facilitates $3M Sale in Tampa Area
News 3 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 5 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 7 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 7 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 12 hours 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 12 hours 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 12 hours 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 13 hours 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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What's Darwinian about retail space
News 14 hours ago
What's Darwinian about retail space

Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and Stitcher! Today on Crain's Daily Gist, host Amy Guth talks with Crain's senior...

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Dressbarn to close all 650 stores as retail decline continues
News 15 hours ago
Dressbarn to close all 650 stores as retail decline continues

Nearly 7,000 employees at the chain will likely lose their jobs. Retail store closings have already outpaced closings from last year. Brookings...

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A New Vision for Empty Parking Fields
News 17 hours ago
A New Vision for Empty Parking Fields

Two major shifts in consumer behavior involving commuting habits and online shopping have left many retail owners and operators with an excess of...

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Seven Takeaways from RECon 2019, Day Two
News 18 hours ago
Seven Takeaways from RECon 2019, Day Two
Source NREI - Retail

Healthcare clinics are becoming more attractive retail center tenants, investors are willing to pay more for well-positioned retail assets in high...

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10 Must Reads for the CRE Industry (May 22, 2019)
News 18 hours ago
10 Must Reads for the CRE Industry (May 22, 2019)

HUD Secretary Ben Carson doesn’t seem to know the meaning of the term REO, reports MarketWatch. Detroit approves a $1.6 billion Fiat Chrysler plant...

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Lowest mortgage rates in over a year drives rise in refi applications
News 19 hours ago
Lowest mortgage rates in over a year drives rise in refi applications

With mortgage rates falling to their lowest level in over a year, refinance volume drove this week's increase in application activity, according to...

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Orange County Class A Office Building Changes Hands
News 19 hours ago
Orange County Class A Office Building Changes Hands
Source CP Executive

Newmark Knight Frank has facilitated the sale of an 83,218-square-foot office building in Foothill Ranch, Calif. Kingsbarn Realty Capital purchased...

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Flagship Healthcare Expands Charlotte Footprint
News 20 hours ago
Flagship Healthcare Expands Charlotte Footprint
Source CP Executive

CFM Real Estate Development has sold a four-building Class B medical office portfolio near Charlotte, N. C., to Flagship Healthcare Properties for ...

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MIDEAST STOCKS-Financials, property elevate Dubai, most of Gulf up
News 22 hours ago
MIDEAST STOCKS-Financials, property elevate Dubai, most of Gulf up

Dubai's stock market rose sharply on Wednesday, buoyed by financial and real estate shares, to lead gains in most major Gulf bourses. Dubai's index...

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Retail Rampage: Earnings From Big Stores Dominate Picture, With Guidance Cuts A Concern
News 22 hours ago
Retail Rampage: Earnings From Big Stores Dominate Picture, With Guidance Cuts A Concern

The big batch of retail earnings this week is decidedly mixed, with a fresh batch today. Target looked impressive, but Lowe’s and Nordstrom not so...

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3
News 22 hours ago
3 "Tariff-Proof" Dividends Set To Soar 64%+

Let's ride this "tariff tiff" to a cash stream that's double (and maybe even triple) the 2% and 3% payouts your friends are likely "grinding it out...

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Brookfield, Kroger, Walgreens Give Green Retail Startup Loop A U.S. Home
News 22 hours ago
Brookfield, Kroger, Walgreens Give Green Retail Startup Loop A U.S. Home

Loop, a company that brings the milkman concept into the digital age to save the environment, is entering the U. S. market in a major way. Loop...

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Brookfield, Blackstone, SoftBank's Fortress Among Bidders For Anbang Hotel Portfolio
News 22 hours ago
Brookfield, Blackstone, SoftBank's Fortress Among Bidders For Anbang Hotel Portfolio

Some of the biggest names in commercial real estate investment are reportedly bidding for a portfolio of 15 luxury hotels owned by Anbang Insurance...

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MBA: Mortgage applications rise again, but how long will this growth last?
News 22 hours ago
MBA: Mortgage applications rise again, but how long will this growth last?
Source HousingWire

Although mortgage applications slightly rose for the week ending May 17, 2019, ongoing trade concerns could be hindering potential growth,...

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US retail and e-commerce went in opposite directions in Q1
News 22 hours ago
US retail and e-commerce went in opposite directions in Q1

This is an excerpt from a story delivered exclusively to Business Insider Intelligence E-Commerce Briefing subscribers. To receive the full story...

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April's dip in home sales may portend
News 22 hours ago
April's dip in home sales may portend "significant gain" in May, economist says
Source HousingWire

Housing economists were left scratching their heads this week over a National Association of Realtors report showing U. S. existing home sales fell...

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A silver lining: Most Americans still view housing as a good investment
News 22 hours ago
A silver lining: Most Americans still view housing as a good investment
Source HousingWire

A majority of Americans - 65% - think it is still a good idea to invest in a home, according to the latest survey of consumer expectations of...

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Retail Investors Pull Back Amid Mall Woes
News 22 hours ago
Retail Investors Pull Back Amid Mall Woes

Retail investment volume in the U. S. dropped 4.9 percent year-over-year in the most recent quarter, with investors pulling back and getting more...

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The Repurposed, Revitalized and Redeveloped Shopping Center
News 1 day ago
The Repurposed, Revitalized and Redeveloped Shopping Center

GlobeSt.com is providing wall-to-wall coverage of ICSC's RECon show in Las Vegas May 19-22. Subscribe to the Retail Ticket for pre-event articles,...

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Blackstone Pays $209M for Two Multifamily Properties in Doral
News 1 day ago
Blackstone Pays $209M for Two Multifamily Properties in Doral

MIAMI-New York City-based global investment firm Blackstone has acquired two apartment properties in the Doral submarket here totaling 720-units...

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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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