Local News

Leaping Toward Asset Transparency
Press Release 1 week ago
Leaping Toward Asset Transparency
Source CMBS.com

Leaping Toward Asset TransparencyJune 3, 2019A new rent-roll reporting standard promises to improve underwriting and commercial real estate...

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Processing Financials for a Single Deal Could Take up to 48 hours. That was before redIQ.
News 6 days ago
Processing Financials for a Single Deal Could Take up to 48 hours. That was before redIQ.
Source redIQ

Since joining the other 5,000+ (and growing) users on the redIQ platform Berkadia’s productivity has increased exponentially.

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Wood Partners Sells New Laurel Apartment Building For $93M
News 1 month ago
Wood Partners Sells New Laurel Apartment Building For $93M

A project that won an award for the D. C. region's best new low-rise apartment community in 2017 has just traded hands. Wood Partners in late April...

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WMATA To Buy 30-Acre Prince George's County Site For $400M Maintenance Facility Project
News 1 month ago
WMATA To Buy 30-Acre Prince George's County Site For $400M Maintenance Facility Project

The D. C. region's transit agency is planning to build a major new maintenance facility in Prince George's County. WMATA's board voted Thursday to...

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Gary Rappaport, Tom Bozzuto, Wendy Feldman Block And More On The Breakthrough Moment In Their Careers
News 1 month ago
Gary Rappaport, Tom Bozzuto, Wendy Feldman Block And More On The Breakthrough Moment In Their Careers

Building a successful career in commercial real estate is not easy. Going from a young, inexperienced developer or broker to a leading figure in...

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It's clearly viewed from Lafayette Square but hasn't stood the test of time. Here's what's in store for the Mills Building.
News 1 month ago
It's clearly viewed from Lafayette Square but hasn't stood the test of time. Here's what's in store for the Mills Building.

Big changes are ahead for a midsize, 52-year-old downtown D. C. office building with oddly small top floors. The Mills Building at 1700...

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Arlington sees housing boom before Amazon HQ2 even arrives
News 1 month ago
Arlington sees housing boom before Amazon HQ2 even arrives

The Northern Virginia housing market has tightened dramatically in anticipation of Amazon's HQ2, where buyers and sellers have been scrambling for...

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WhyHotel Announces New SF-Based Real Estate Development Business Unit and Expands Executive Leadership Team
News 1 month ago
WhyHotel Announces New SF-Based Real Estate Development Business Unit and Expands Executive Leadership Team

WASHINGTON -- WhyHotel, a DC-based alternative lodging service that operates pop-up hotels in newly built, luxury apartment buildings, today...

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Columbia Place MXU Opens in D.C.
News 1 month ago
Columbia Place MXU Opens in D.C.
Source Connect Media

Chevy Chase, MD-based Capstone Development and Quadrangle Development Corporation completed the $230-million Columbia Place, a 12-story mixed-use...

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Washington Trust provides $6.3 million for acquisition of 12,900 s/f CVS Pharmacy
News 1 month ago
Washington Trust provides $6.3 million for acquisition of 12,900 s/f CVS Pharmacy

Farmington, CT Washington Trust's commercial real estate group provided $6.3 million to W. H.M. Realty, LLC, to finance the acquisition of a 12,900...

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The Proto Group completes $935,000 sale and leases 141,707 s/f
News 1 month ago
The Proto Group completes $935,000 sale and leases 141,707 s/f

Seymour, CT The Proto Group LLC of North Haven has completed the following transactions: • Affinity Health and Wellness Inc. has leased 3,547 s/f...

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Durgin of Conway Commercial brokers $800,000 sale of 25 Washington Street
News 1 month ago
Durgin of Conway Commercial brokers $800,000 sale of 25 Washington Street

Norwell, MA Paul Durgin, vice president of Conway Commercial, brokered the sale of 25 Washington St. (Rte. 53), Norwell for $800,000. The property,...

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Checking in: What the Marriott Marquis means to the city's convention business
News 1 month ago
Checking in: What the Marriott Marquis means to the city's convention business

When the Marriott Marquis Washington D. C. - the city's convention center hotel - finally opened in 2014, it was nothing short of a miracle. The...

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The Line Hotel Is Fighting For Its $46 Million Tax Break. Here's The Backstory
Blog 1 month ago
The Line Hotel Is Fighting For Its $46 Million Tax Break. Here's The Backstory
Source Dcist

In its first year of operation inside a renovated historic church in Adams Morgan, The Line D.C. attracted national buzz as host to some of the...

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What $3,000 rents in D.C. right now
Blog 1 month ago
What $3,000 rents in D.C. right now
Source Curbed - D.C.

See your options in neighborhoods like Takoma and Carver/Langston Welcome to Curbed Comparisons, a column that explores what one can rent for a set...

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Woodburn Nuclear Medicine upgrades with HealthyTenant
News 1 month ago
Woodburn Nuclear Medicine upgrades with HealthyTenant

ANNANDALE, VA — HealthyTenant, a tenant representation firm in the Washington, DC, area that focuses on the medical field, has completed a facility...

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Keyrenter Washington DC Adds Rental Licensing to a Seamless Property Management Process
News 1 month ago
Keyrenter Washington DC Adds Rental Licensing to a Seamless Property Management Process

WASHINGTON, May 23, 2019 /PRNewswire/ -- Keyrenter Washington DC Property Management announced the expansion of services to include Rental...

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Asana Partners moves into D.C. with new retail acquisitions
News 1 month ago
Asana Partners moves into D.C. with new retail acquisitions

Charlotte, North Carolina-based Asana Partners came onto Greater Washington's real estate scene buying up retail space in Old Town Alexandria. Now,...

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Hamilton and Nicholson of Bennett Williams ink 17,961 s/f retail space
News 1 month ago
Hamilton and Nicholson of Bennett Williams ink 17,961 s/f retail space

YORK, PA — Bennett Williams Commercial, one of the largest third-party, commercial real estate firms in Central Pennsylvania has arranged the sale...

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Counselors launch their own company
News 1 month ago
Counselors launch their own company

CRE Counselors Bill Kinn and Casey Kemper have announced the launch of their new consulting partnership, K4 Real Estate Group. BILL KINN The new...

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WMATA to negotiate land deals in Landover for $400M heavy rail facility
News 1 month ago
WMATA to negotiate land deals in Landover for $400M heavy rail facility

The Washington Metropolitan Area Transit Authority is looking to buy roughly 30 acres in Landover to build a heavy rail repair and overhaul...

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Median home price in Arlington jumps more than $100K since Amazon HQ2 news: report
Blog 1 month ago
Median home price in Arlington jumps more than $100K since Amazon HQ2 news: report
Source Curbed - D.C.

It’s the latest sign of the “Amazon effect” on the local real estate market Amazon’s impending move to Northern Virginia has had a significant...

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Converted Gas Stations and Heating Plants + Trader Joe's: The 450 Units Planned in Georgetown
Blog 1 month ago
Converted Gas Stations and Heating Plants + Trader Joe's: The 450 Units Planned in Georgetown
Source Urban Turf

While Georgetown has long had exciting projects in the pipeline (the restoration and revamping of the C&O Canal, the long-dormant Georgetown...

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Sponsored: D.C. Tackles Climate Change With Community Solar
Blog 1 month ago
Sponsored: D.C. Tackles Climate Change With Community Solar
Source Dcist

Paid for and posted by CLEAN CHOICE ENERGY? DC is quickly becoming a national leader in tackling climate change. Building and implementing both...

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BCT-The Community's Bank Appoints Lance Nobles, CCIM as Senior Vice President to Serve Loudoun County and Northern Virginia
News 1 month ago
BCT-The Community's Bank Appoints Lance Nobles, CCIM as Senior Vice President to Serve Loudoun County and Northern Virginia

With over 14 years of experience as a commercial banker, Mr. Nobles brings more than eight years focused specifically on the Northern Virginia and...

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Short-Term Housing Concepts Quickly Expanding In D.C. Market
News 1 month ago
Short-Term Housing Concepts Quickly Expanding In D.C. Market

Washington has always been a transient city, with politicians, lobbyists, contractors and other professionals traveling to the nation's capital for...

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Arlington Housing Prices Have Jumped 17% Since Amazon HQ2 Announcement, New Report Finds
News 1 month ago
Arlington Housing Prices Have Jumped 17% Since Amazon HQ2 Announcement, New Report Finds

Amazon choosing Arlington for its HQ2 campus was widely expected to increase area housing prices, but a sharp drop in available supply has...

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Pop-Up Hotelier WhyHotel Expands To West Coast, Looks To Develop Multifamily-Hotel Hybrid
News 1 month ago
Pop-Up Hotelier WhyHotel Expands To West Coast, Looks To Develop Multifamily-Hotel Hybrid

WhyHotel, which operates pop-up hotels - temporary hotels within multifamily buildings during their lease-up phase - is taking its concept from its...

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The Virginian, a 300-bed senior living community in Fairfax, sells for nearly $41 million
News 1 month ago
The Virginian, a 300-bed senior living community in Fairfax, sells for nearly $41 million

A 350,000-square-foot senior living community in Fairfax that's been under the same ownership for more than 40 years has sold to a Chicago-based...

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2019 WBJ Real Estate Awards: LK Architecture benefits from a focus on national projects
News 1 month ago
2019 WBJ Real Estate Awards: LK Architecture benefits from a focus on national projects

Leaders at LK Architecture can't help but be pleased with the firm's projects pipeline. Company president Dennis Smith says this year is shaping up...

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Finmark Management Buys 250 KSF Retail Asset in VA
News 1 month ago
Finmark Management Buys 250 KSF Retail Asset in VA

Finmarc Management Inc., a Maryland-based commercial real estate firm, is expanding its retail holdings in Manassas, Va., acquiring Manaport Plaza....

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Blake Nordstrom's influence resonates with a company and a community
News 1 month ago
Blake Nordstrom's influence resonates with a company and a community

Blake Nordstrom was a husband, father, son, brother, cousin, uncle and friend - few people knew he was on the 2018 Harvard Business Review's "Best...

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National News

How Developers Can Curb Rising Construction Costs
News 1 hour ago
How Developers Can Curb Rising Construction Costs

Construction costs increased more than 5% last year, and they will likely climb again this year with pressure from tariffs and the ongoing labor...

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5G Could Mean Poor Cellular Service For Any Building Over 3 Floors
News 22 hours ago
5G Could Mean Poor Cellular Service For Any Building Over 3 Floors

The "5G revolution" promises drastically improved data speeds along with intelligent networks that can evolve with growing demands - provided your...

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The Wild Variety Of Pop-Up Hotels
News 22 hours ago
The Wild Variety Of Pop-Up Hotels

Entrepreneurs are taking the pop-up concept in hospitality and running with it in all directions. Pop-up hotels are appearing in recently completed...

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7 mind-blowing facts about Target's business (TGT)
News 22 hours ago
7 mind-blowing facts about Target's business (TGT)

Target is a major force in the world of retail. Business Insider reviewed the company's US Securities and Exchange Commission filings to get a...

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How Best Buy tries to deal with a glut of cardboard boxes
News 1 day ago
How Best Buy tries to deal with a glut of cardboard boxes

E-commerce may be revolutionizing the way we shop, but it's also creating mountain loads of cardboard boxes. Some retailers, including Richfield...

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The economy soars, but many see little benefit
News 1 day ago
The economy soars, but many see little benefit

The Great Recession officially ended 10 years ago this month, and the jobs market started gaining momentum in 2010. Since then, the total numbers...

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Luxe Residential, Dakota Pacific to break ground on 225-unit Millenium Edina project
News 2 days ago
Luxe Residential, Dakota Pacific to break ground on 225-unit Millenium Edina project

The first phase of a luxury apartment development across the street from Southdale Center will officially break ground on Monday. Co-developers...

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Private Equity Retail ‘Abuses’ Spur Senator to Plan Legislation
News 2 days ago
Private Equity Retail ‘Abuses’ Spur Senator to Plan Legislation

"There are definitely active discussions" toward legislation that would address the collapse of struggling companies tied to buyout firms, Baldwin...

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NRF Warns USTR to Avoid Additional Tariffs, Releases Study on Consumer Impact
News 2 days ago
NRF Warns USTR to Avoid Additional Tariffs, Releases Study on Consumer Impact

The National Retail Federation today urged the Office of the U. S. Trade Representative to avoid 25 percent tariffs on $300 billion in Chinese...

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10 Must Reads for the CRE Industry Today (June 21, 2019)
News 2 days ago
10 Must Reads for the CRE Industry Today (June 21, 2019)

Dallas Could Be Forced to Repay Millions to HUD After Latest Critical Housing Audit "As the result of a scathing audit released this week, the U.S....

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April 2019
News 2 days 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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Apartment Jobs Snapshot for May 2019
News 2 days ago
Apartment Jobs Snapshot for May 2019

Leasing season has officially begun, and property management companies are preparing for an increase in traffic, new leases, and apartment...

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US Consumer Spending on Motor Vehicle Leases to Rise 1.6% Annually in Nominal Dollars to 2023
News 2 days ago
US Consumer Spending on Motor Vehicle Leases to Rise 1.6% Annually in Nominal Dollars to 2023

CLEVELAND, June 21, 2019 /PRNewswire/ -- US consumer spending on motor vehicle leases is forecast to rise 1.6% annually in nominal dollars to 2023,...

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Colliers Fires CEO of Real Estate Services
News 2 days ago
Colliers Fires CEO of Real Estate Services

Colliers International Group has fired the CEO of its Real Estate Services division Dylan Taylor for misconduct. He is alleged to have conducted...

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Walmart Pays $282M To Settle Foreign Corruption Charges
News 2 days ago
Walmart Pays $282M To Settle Foreign Corruption Charges

Retail giant Walmart Inc. has agreed to pay the federal government a total of $282M to settle parallel sets of charges by the Securities and...

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Colliers International Fires Real Estate Service CEO, Alleging 'Improper Trading'
News 2 days ago
Colliers International Fires Real Estate Service CEO, Alleging 'Improper Trading'

One of Colliers International's top executives has been let go amid allegations of misconduct. The brokerage firm announced Thursday that it had...

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NAR: Existing home sales rise 2.5% in May
News 2 days ago
NAR: Existing home sales rise 2.5% in May
Source HousingWire

In May, existing home sales rose for the first time since March, according to the latest report from the National Association of Realtors. Total...

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The company formerly known as Toys R Us is reportedly opening stores in time for Christmas
News 2 days ago
The company formerly known as Toys R Us is reportedly opening stores in time for Christmas

The company that holds the majority assets of the defunct Toys R Us chain of toy stores will open new physical locations in time for the holiday...

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News 2 days ago
Fred's Closing 49 Underperforming Stores; Pharmacies to Remain Open
Source West

MEMPHIS, Tenn., June 21, 2019 (GLOBE NEWSWIRE) -- Fred's, Inc. (NASDAQ: FRED) today announced it will close an additional 49 underperforming stores...

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FICO scores for May mortgage borrowers remain at two-year highs
News 2 days ago
FICO scores for May mortgage borrowers remain at two-year highs
Source HousingWire

A strong labor market coupled with lower borrowing costs has put Americans in better shape to get a mortgage, based on average FICO scores and debt...

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First American: A lack of housing inventory slows growth in potential existing sales
News 2 days ago
First American: A lack of housing inventory slows growth in potential existing sales
Source HousingWire

In May, potential existing-home sales increased 0.4% from the previous month, according to First American's Potential Home Sales Model. According...

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Architecture billings remain flat
News 2 days ago
Architecture billings remain flat

AIA's Architecture Billings Index (ABI) score for May showed a small increase in design services at 50.2. Demand for design services in May...

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How to Get Started With WordPress Development
News 3 days ago
How to Get Started With WordPress Development
Source Medium Tech

Generally, there are only two types of people who decide to get involved in WordPress development. The first types of people are those who are...

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Hird and Marshall of O,R&L Commercial sell 18,030 s/f retail/office property for $2.795 million
News 3 days ago
Hird and Marshall of O,R&L Commercial sell 18,030 s/f retail/office property for $2.795 million

Madison, CT O,R&L Commercial, LLC sold The Marketplace, an 18,030 s/f retail/office investment property located at 1347 Boston Post Rd. The...

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Blackstone’s Schwarzman Doesn’t See Recession Risk in Trade War
News 3 days ago
Blackstone’s Schwarzman Doesn’t See Recession Risk in Trade War

Will the trade war between the U.S. and China lead to a recession next year? Stephen Schwarzman doesn’t think so. “It’s not that big a game to...

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Charlie Wright says 'middle market companies are economy drivers' (Video)
News 3 days ago
Charlie Wright says 'middle market companies are economy drivers' (Video)

Charlie Wright joined the family business in 1994 as chairman and CEO of R. D. Merrill Co., historically a timberland holding company, but one that...

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Charlie Wright says 'middle market companies are economy drivers'
News 3 days ago
Charlie Wright says 'middle market companies are economy drivers'

Charlie Wright joined the family business in 1994 as chairman and CEO of R. D. Merrill Co., historically a timberland holding company, but one that...

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I.CON West 2019: The Industrial Conference Presentations
News 3 days ago
I.CON West 2019: The Industrial Conference Presentations

Access presentations, session recordings, and coverage of I. CON West 2019: The Industrial Conference, June 6-7, 2019, in Long Beach, California....

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Mericle leases 30,000 s/f at 1061 Hanover St. in Wilkes-Barre
News 3 days ago
Mericle leases 30,000 s/f at 1061 Hanover St. in Wilkes-Barre

WILKES-BARRE, PA —Ubiquity Global Services, a multinational business process and call center outsourcing organization recognized as one of the...

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2019 Net Lease Industrial Sales Volume & Cap Rates
News 3 days ago
2019 Net Lease Industrial Sales Volume & Cap Rates

Fourth quarter 2018 saw a tremendous amount of demand in the single-tenant net lease industrial sector. Nearly $12.0 billion in sales brought the...

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Local Events

Event 06/26/2019
Washington DC Opportunity Zones Summit

From HUD Secretary Ben Carson discussing the importance of Opportunity Zones for affordable housing, to executive representatives from UBS,...

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Event 07/10/2019
Loudoun State of the Market and Schmooze

With Amazon's HQ2 moving to National Landing, and Google moving to Fairfax County, how can Loudoun outpace the pack? How can developers and city...

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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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Featured Companies

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