Local News

The Real Deal Joins CREtech as a Media Partner for Their Flagship New York Event on October 16-17
Press Release 2 days ago
The Real Deal Joins CREtech as a Media Partner for Their Flagship New York Event on October 16-17
Source CREtech

The Real Deal to Cover the Largest Commercial Real Estate Conference in New YorkNew York, NY (August 19, 2019) — CREtech ...

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Colliers arranges sale of 200,000-SF Class A building in Piscataway
News 3 weeks ago
Colliers arranges sale of 200,000-SF Class A building in Piscataway

Colliers announced it arranged the sale of Washington Plaza, a Class A office building in Piscataway for $11.5 million. The nearly 200,000-square...

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Camber Creek Hires Former Vornado President
News 3 weeks ago
Camber Creek Hires Former Vornado President

Venture capital firm Camber Creek has hired Mitchell Schear, the former president at Vornado/Charles E. Smith, as an executive partner, according...

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Food swamps (pharmacies selling food, but mostly processed items)
Blog 3 weeks ago
Food swamps (pharmacies selling food, but mostly processed items)

Food deserts don't have a hard and fast definition, but are areas without access to fresh foods and vegetables, and usually lack traditional...

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Former Vornado exec Mitchell Schear shifts focus to property technology with new post
News 3 weeks ago
Former Vornado exec Mitchell Schear shifts focus to property technology with new post

After more than three decades focused on the bricks and mortar of commercial real estate, the former head of Vornado Realty Trust's D. C. business...

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Specialty food company lays off 281 in Prince George's County
News 3 weeks ago
Specialty food company lays off 281 in Prince George's County

DPI Specialty Foods, a Canadian wholesale company with its mid-Atlantic operations based in the D.C. region, is laying off 281 employees in Prince...

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NBC Moving 350 D.C. Employees To Expanded North Capitol Street Space
News 3 weeks ago
NBC Moving 350 D.C. Employees To Expanded North Capitol Street Space

NBC is moving hundreds of employees from its longtime D. C. bureau in Tenleytown to a newly expanded North Capitol Street space. NBC News Chairman...

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Pre-Market Source: July 25
Blog 3 weeks ago
Pre-Market Source: July 25

Every week the Eli Residential Group scours our network for off-market and pre-market homes to give home buyers and investors access to properties...

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Today's Rental was chosen for the price and the pool
Blog 3 weeks ago
Today's Rental was chosen for the price and the pool

This rental is located at 5225 Connecticut Ave, NW. The Craigslist ad says: “$1289 Studio Available… Includes Utilities Welcome to Huntington...

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Stonebridge Breaks Ground On $400M, Wegmans-Anchored Alexandria Project
News 3 weeks ago
Stonebridge Breaks Ground On $400M, Wegmans-Anchored Alexandria Project

The $400M development that will bring Wegmans to Alexandria's Eisenhower Avenue corridor is moving forward. Stonebridge, its partners and local...

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Federal Realty Tops Out New Maryland Corporate HQ
News 3 weeks ago
Federal Realty Tops Out New Maryland Corporate HQ

Federal Realty Investment Trust and its development team have topped out 909 Rose, the 11-story, 200,000-square-foot office building at the Pike &...

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Pebblebrook Hotel Trust Executes Contract to Sell D.C.’s Rouge Hotel for $42 Million
News 4 weeks ago
Pebblebrook Hotel Trust Executes Contract to Sell D.C.’s Rouge Hotel for $42 Million

What Can I Send Out? Who Will See It? Pebblebrook Hotel Trust (NYSE: PEB) (the "Company") today announced that it executed a contract to sell the...

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750 apartments and coworking space planned for large parcel along I-695
Blog 4 weeks ago
750 apartments and coworking space planned for large parcel along I-695
Source Curbed - D.C.

A crane in D.C. | Getty Images/iStockphoto Construction on the 7.3-acre site is expected to begin in late 2019 Roughly 750 rental units and 42,000...

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Shop Made In DC Is Opening A Third Location In Georgetown
Blog 4 weeks ago
Shop Made In DC Is Opening A Third Location In Georgetown
Source Dcist

Less than six months after expanding to the Wharf, Shop Made in DC is bringing its local allure to yet another location—this time in the heart of...

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Griffin Capital Essential Asset REIT Leases to Fortune 100 Company
News 4 weeks ago
Griffin Capital Essential Asset REIT Leases to Fortune 100 Company

WASHINGTON, DC - Griffin Capital Essential Asset REIT Inc. has leased 270,000 square feet to a Fortune 100 company. The space is located in the...

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Roskam endorses Ives over Sanguinetti for Congress
News 4 weeks ago
Roskam endorses Ives over Sanguinetti for Congress

Maybe he's just siding with the candidate he thinks will win. Maybe he's just cozying up to the GOP's increasingly dominant populist wing. Or maybe...

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DPI Specialty Foods lays off 281 in Prince George’s
News 4 weeks ago
DPI Specialty Foods lays off 281 in Prince George’s

DPI Specialty Foods, a Canadian wholesale company with its Mid-Atlantic operations based in the D. C. region, is laying off 281 employees in Prince...

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Adventist HealthCare to acquire Fort Washington Medical Center
News 4 weeks ago
Adventist HealthCare to acquire Fort Washington Medical Center

Adventist HealthCare is taking another local hospital under its wing. The Gaithersburg-based system has signed an agreement to take over Fort...

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CBRE Facilitates $11M Michigan Sale
News 4 weeks ago
CBRE Facilitates $11M Michigan Sale

CBRE's affordable housing specialty group has brokered the sale of a 160-unit community in Lansing, Mich. Peak Capital Partners purchased Arbors at...

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Arlington's office market is on the mend, but may not be quite as healthy as the county says
News 4 weeks ago
Arlington's office market is on the mend, but may not be quite as healthy as the county says

Arlington County triumphantly declared last week that it has made significant strides in its battle against the millions of square feet of empty...

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Opportunity Zone Snapshot: Washington D.C.
Blog 4 weeks ago
Opportunity Zone Snapshot: Washington D.C.

This post originally appeared on Marketplace Advertiser, Reonomy and is republished with permission. Find out how to syndicate your content with...

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Bozzuto, EYA Sell Rockville Apartment Building 2 Years After Completion
News 4 weeks ago
Bozzuto, EYA Sell Rockville Apartment Building 2 Years After Completion

A new apartment building near the western terminus of the Red Line has just traded hands. Bozzuto and EYA sold The Daley at Shady Grove, a 333-unit...

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Almost 40% of homes in the U.S. are mortgage-free
News 4 weeks ago
Almost 40% of homes in the U.S. are mortgage-free
Source HousingWire

The percentage of homes in the U. S. that are not financed by a mortgage is increasing, according to recent data from Zillow, which reveals that 37...

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CoStar Shifts Strategy With Job Relocations, Sales Focus And Researcher Layoffs
News 4 weeks ago
CoStar Shifts Strategy With Job Relocations, Sales Focus And Researcher Layoffs

CoStar Group, the commercial real estate data leader that has more than doubled its market value in the last two years, just unveiled a major shift...

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7 Parks for Canoeing, Kayaking, Paddleboarding, and More
Blog 4 weeks ago
7 Parks for Canoeing, Kayaking, Paddleboarding, and More

Body of water: 505-acre Little Seneca Lake, notable for its water trail, where you follow 18 blue markers to learn about aquatic plants and to see...

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CBRE Global Investors Raises $616M for 5th U.S. Development Fund
News 4 weeks ago
CBRE Global Investors Raises $616M for 5th U.S. Development Fund
Source Connect Media

CBRE Global Investors closed its capital-raising efforts for CBRE U.S. Development Partners 5, a development club fund. The Los Angeles-based...

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Local goods retailer Shop Made in D.C. signs another lease
News 4 weeks ago
Local goods retailer Shop Made in D.C. signs another lease

Shop Made in D. C. is branching into a new neighborhood with a store planned for Wisconsin Avenue in Georgetown. The 1,800-square-foot store will...

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What $2,000 rents in D.C. right now
Blog 4 weeks ago
What $2,000 rents in D.C. right now
Source Curbed - D.C.

Alyssa Nassner See your options in neighborhoods like Penn Quarter and West End Welcome to Curbed Comparisons, a column that explores what one can...

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Exelon commits $5 million to D.C.'s 11th Street Bridge park project
News 4 weeks ago
Exelon commits $5 million to D.C.'s 11th Street Bridge park project

Exelon Corp. on Tuesday announced a $5 million gift for the long-planned 11th Street Bridge Park project connecting Washington Navy Yard and...

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Dan Snyder's team isn't very good — but it's still worth a lot of money
News 4 weeks ago
Dan Snyder's team isn't very good — but it's still worth a lot of money

Despite winning just one playoff game in 18 years, Washington’s NFL team is still among the most valuable franchises in all of professional sports,...

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Washington, D.C. real estate developer picks up unit at The Bristol
News 4 weeks ago
Washington, D.C. real estate developer picks up unit at The Bristol

The Bristol and Stuart Bernstein For the second time in a month, a prominent Washington, D.C. businessman bought a unit at the Bristol in West Palm...

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National News

Mortgage prepayments jump 58% as refinancings surge
News 2 hours ago
Mortgage prepayments jump 58% as refinancings surge
Source HousingWire

Mortgage prepayments jumped 58% in July from a year ago as cheap rates drove refinancings, according to Black Knight. The prepay volume was up 26%...

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Faces of the List: Diane Hood of Oregon-based Mary's Woods at Marylhurst
News 5 hours ago
Faces of the List: Diane Hood of Oregon-based Mary's Woods at Marylhurst

Diane Hood loves both her job and her employer. Which is good, because Hood, the CEO of Mary's Woods at Marylhurst, has worked for the area's top...

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Somerville's Finch raises $53M for C.diff, autism microbiome pills
News 5 hours ago
Somerville's Finch raises $53M for C.diff, autism microbiome pills

Somerville biotech Finch Therapeutics Group Inc. could be one of the first local startups hoping to use natural bacteria to fight chronic diseases...

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Target thrives in intense retail environment
News 11 hours ago
Target thrives in intense retail environment

NEW YORK - Target topped expectations in just about any way measurable during the second quarter as it pushed faster delivery for customers and...

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Solid earnings from major retailers push stocks higher
News 12 hours ago
Solid earnings from major retailers push stocks higher

U. S. stocks marched broadly higher in afternoon trading Wednesday as investors welcomed a batch of strong earnings reports from several big...

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At Home Group continues retail store expansion
News 12 hours ago
At Home Group continues retail store expansion

At Home Group Inc. is adding three new locations to its growing national portfolio. The value home décor retailer has opened a stores in Riverside,...

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Solid earnings from major US retailers drive stocks higher
News 13 hours ago
Solid earnings from major US retailers drive stocks higher

U. S. stocks marched broadly higher in midday trading Wednesday as investors welcomed a batch of strong earnings reports from several big retailers...

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Should Landlords Worry About Drugstore Closures?
News 14 hours ago
Should Landlords Worry About Drugstore Closures?
Source NREI - Retail

Walgreens is closing 200 locations and CVS is pulling back on new openings. What’s behind these moves? Neighborhoods will see fewer corner...

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Merrick post office property sells for $5.1M
News 15 hours ago
Merrick post office property sells for $5.1M

A property that houses the Merrick post office has sold for $5.1 million. The 10,742-square-foot building on.68 acres at 2040 Merrick Road is net...

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Mortgage applications drop as refis level off and purchases drag
News 16 hours ago
Mortgage applications drop as refis level off and purchases drag

Mortgage application volume fell 0.9% last week as the small drop in interest rates slowed refinancing activity, while economic worries likely kept...

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Target soars in Q2 with strong online, store gains; raises outlook
News 16 hours ago
Target soars in Q2 with strong online, store gains; raises outlook

Target Corp. hits the bull's eye in its second quarter, with results that beat the Street on nearly every metric as the retailer's investments in...

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U.S. Existing-Home Sales Picked Up in July
News 16 hours ago
U.S. Existing-Home Sales Picked Up in July

WASHINGTON-Sales of previously owned U. S. homes picked up in July, suggesting that lower mortgage rates are beginning to drive sales after a weak...

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Real estate investment vehicles:
Operating entities or investment companies?
News 18 hours ago
Real estate investment vehicles: Operating entities or investment companies?

Over the last several years, real estate funds have been some of the fastest growing alternative investment vehicles. Although illiquid, real...

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Are mortgage lenders maxed out? MBA survey shows refinances remain at 3-year high
News 18 hours ago
Are mortgage lenders maxed out? MBA survey shows refinances remain at 3-year high
Source HousingWire

Do mortgage lenders have their hands full right now thanks to the recent surge in refinances? It looks like that may be the case, as new data from...

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News 18 hours ago
Bakken Subsidiary Nationwide Property Partners Lands Network Deal For its Reality Show “Just Renting”
Source West

LAS VEGAS, Aug. 21, 2019 (GLOBE NEWSWIRE) -- Bakken Water Transfer Services, Inc. (OTC Pink: BWTX) subsidiary Nationwide Property Partners Inc.,...

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The Home Depot, Lowe's post strong comps
News 18 hours ago
The Home Depot, Lowe's post strong comps
Source Retail Dive

While lumber deflation and recently announced tariffs impacted the two largest home improvement retailers in the United States, second quarter...

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Low mortgage rates spur gain in July's existing home sales
News 18 hours ago
Low mortgage rates spur gain in July's existing home sales
Source HousingWire

Existing-home sales rose 2.5% in July from the prior month, according to the National Association of Realtors. Total existing-home sales -...

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America's growing home tenure is threatening potential home sales growth
News 18 hours ago
America's growing home tenure is threatening potential home sales growth
Source HousingWire

Potential existing-home sales fell in July as inventory concerns continued to threaten the market's overall growth, according to First American's...

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48 US cities where you can buy a mansion for under $1 million
News 18 hours ago
48 US cities where you can buy a mansion for under $1 million

A July 2019 study by GoBankingRates found 48 US cities where you can buy a 5,000-, 6,000-, 7,000-, or 8,000-square-foot mansion for under $1...

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US stocks climb after major US retailers post solid earnings
News 18 hours ago
US stocks climb after major US retailers post solid earnings

Strong earnings reports from several big retailers helped drive stocks broadly higher on Wall Street Wednesday as the market bounced back from its...

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Southwest sees fastest single-family rent increase
News 18 hours ago
Southwest sees fastest single-family rent increase
Source HousingWire

Last month, we reported that Phoenix led the nation in multifamily rent growth. Now, according to a recent report from CoreLogic, single-family...

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Cree (Nasdaq: Cree) CEO Gregg Lowe talks impact of US-China trade war
News 18 hours ago
Cree (Nasdaq: Cree) CEO Gregg Lowe talks impact of US-China trade war

Durham-based semiconductor giant Cree reported what CEO Gregg Lowe called a "solid" fourth quarter - even amid rising geopolitical issues. On a...

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Stocks making the biggest moves premarket: Target, Lowe's, Urban Outfitters, Tesla & more
News 18 hours ago
Stocks making the biggest moves premarket: Target, Lowe's, Urban Outfitters, Tesla & more

Check out the companies making headlines before the bell: Target - The retailer posted adjusted quarterly profit of $1.82 per share, 20 cents a...

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Walmart sues Tesla over fires from solar panels atop stores
News 18 hours ago
Walmart sues Tesla over fires from solar panels atop stores

The panels were installed on the roofs of more than 200 of the 5,000 Walmart locations in the United States. This account isn't linked to a paid...

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Mortgage demand falls as interest rates flatten
News 19 hours ago
Mortgage demand falls as interest rates flatten

After a rush on refinances, homeowners took a breather last week, despite still seeing the lowest interest rates in about three years. Overall...

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What to watch today: Dow to jump, Target and Lowe's shares pop, and Trump talks payroll tax cut
News 19 hours ago
What to watch today: Dow to jump, Target and Lowe's shares pop, and Trump talks payroll tax cut

U. S. stock futures were pointing to a strong Wall Street open following Tuesday's losses, the first in four sessions for the Dow and S&P 500 and...

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Target shares surge 13% as second-quarter profit jumps, retailer hikes earnings outlook
News 19 hours ago
Target shares surge 13% as second-quarter profit jumps, retailer hikes earnings outlook

Target said Wednesday its profit jumped 17% during the second quarter as its in-store pickup and same-day shipping services drew more customers,...

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Target Thrives In Intense Retail Environment
News 20 hours ago
Target Thrives In Intense Retail Environment
Source CBS Boston

NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers...

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Takings Clause Plaintiff is in a Catch-22 Under Knick Finding
News 21 hours ago
Takings Clause Plaintiff is in a Catch-22 Under Knick Finding

SAN FRANCISCO-Earlier this summer, the Supreme Court of the United States decided Knick v. Township of Scott, PA, 588 US (case number 17-647), a...

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IREM: Be Alert to Active Shooters
News 21 hours ago
IREM: Be Alert to Active Shooters

Whatever the cause, it's clear that the days of "it can't happen here" are long gone. That being the case, Casper has advice for property managers...

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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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