Local News

Walkability is the new measure of livability
News 3 days ago
Walkability is the new measure of livability

Monday, May 20, 2019 | 2 a.m. Walkability is the new hot concept in urban planning. A new generation of urbanites and people who would like to the...

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Skyland Town Center finally lands its grocery store
News 3 days ago
Skyland Town Center finally lands its grocery store

After years of waiting - and then a few more years of waiting - Ward 7 looks to have a bona fide grocery anchor for the long-planned Skyland Town...

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Lidl Will Open First DC Grocery Store at Skyland Town Center
Blog 4 days ago
Lidl Will Open First DC Grocery Store at Skyland Town Center
Source Urban Turf

As D. C. representatives attend the ICSC Retail Conference in Las Vegas, big grocery store news came for Ward 7: the city's first Lidl will open at...

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The $11.5M price of a new mansion in West Palm Beach sets a city record
News 4 days ago
The $11.5M price of a new mansion in West Palm Beach sets a city record

2914 Washington Road (Credit: Realtor.com) The sale price of a new mansion in West Palm Beach easily set a record, even though it is 15 percent...

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Real estate investors bet on tech hubs to withstand economic downturns, study finds
News 5 days ago
Real estate investors bet on tech hubs to withstand economic downturns, study finds

Tech hubs like San Francisco draw major real estate investments. (Flickr Photo / Chris Chabot) Real estate investors are banking on cities with...

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H&M is part of one of the biggest fashion retailers in the world. Meet the other brands it owns.
News 5 days ago
H&M is part of one of the biggest fashion retailers in the world. Meet the other brands it owns.

H&M Group is one of the largest fashion retailers in the world. While the namesake brand is well-known globally, its sister brands are not. Despite...

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Ludington City Council to vote on boutique hotel change
News 5 days ago
Ludington City Council to vote on boutique hotel change

The Ludington City Council on Monday will vote on approving an amendment to the city's boutique hotel ordinance, which if passed would allow more...

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“I feel like home”: Trump touts economy, gushes over agents at NAR conference
News 6 days ago
“I feel like home”: Trump touts economy, gushes over agents at NAR conference

President Donald Trump addresses the National Association of Realtors on Friday (Credit: Getty Images) “I feel like home,” President Donald Trump...

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Aside From Cultural Icons, Architect I.M. Pei Left Behind Residential Legacy
News 6 days ago
Aside From Cultural Icons, Architect I.M. Pei Left Behind Residential Legacy

Pritzker prize-winning architect I. M. Pei was known for his monumental geometric designs, from commercial skyscrapers like the Hancock Tower in...

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Developer plans two West Valley industrial projects
News 6 days ago
Developer plans two West Valley industrial projects

Eisenberg Co. plans to develop two industrial projects after buying land in the West Valley through separate deals. The Phoenix-based real estate...

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Lidl to open at least 3 new stores in Greater Washington in the next year
News 6 days ago
Lidl to open at least 3 new stores in Greater Washington in the next year

Arlington-based Lidl US plans to open at least three new stores in Greater Washington in the next year as part of a larger East Coast expansion....

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Apple’s new D.C. store is a temple to commerce housed in an ‘excellent example of neoclassicism’
Blog 6 days ago
Apple’s new D.C. store is a temple to commerce housed in an ‘excellent example of neoclassicism’
Source Curbed - D.C.

The historic Carnegie Library has been radically transformed into a glossy flagship for the tech company, with creative ambitions to boot The...

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Amazon points to past multibillion-dollar acquisitions as indicator of what HQ2 might house
News 6 days ago
Amazon points to past multibillion-dollar acquisitions as indicator of what HQ2 might house

Keep an eye on what companies Amazon.com Inc. buys next. It could be what fills HQ2. Acquisitions will likely determine what jobs and teams develop...

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New restaurant concept planned for EYA's Robinson Landing
News 6 days ago
New restaurant concept planned for EYA's Robinson Landing

Bethesda-based developer EYA LLC has reached a deal to sell part of its Robinson Landing waterfront development in Old Town Alexandria for an...

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Here's What Amazon's New HQ2 Campus In Virginia Could Look Like
Blog 6 days ago
Here's What Amazon's New HQ2 Campus In Virginia Could Look Like
Source Dcist

This week, Amazon submitted a proposal for its new Arlington campus, which will contain two 22-story towers, retail space, and a new public park...

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Revenue fell at Trump’s Palm Beach properties in 2018
News 6 days ago
Revenue fell at Trump’s Palm Beach properties in 2018

President Trump and Mar-a-Lago (Credit: Getty Images) President Trump’s Palm Beach County businesses lost $3.6 million last year, according to...

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An Arlington hotel could soon become an apartment building instead
News 6 days ago
An Arlington hotel could soon become an apartment building instead

The owner of an Arlington hotel is now hoping to flip the building into residential space instead. The Arlington Court Suites Hotel in Courthouse...

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CEO shares insights into the power of community investment
News 6 days ago
CEO shares insights into the power of community investment

How do you define community? According to Merriam-Webster, it is "a unified body of individuals, such as the people with common interests living in...

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Capital One Syndicates $132M Loan for DC Opportunity Zone Project
News 6 days ago
Capital One Syndicates $132M Loan for DC Opportunity Zone Project

WASHINGTON, DC-An update to the recent news that MRP Realty secured $192 million for Bryant Street: Capital One served as administrative agent for...

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How I.M. Pei Shaped the World’s Skylines
News 6 days ago
How I.M. Pei Shaped the World’s Skylines
Source CP Executive

Legendary architect I. M. Pei, who died yesterday at the age of 102, may be best known to the public as the creator of such cultural monuments as...

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Region's newest Hilton-flagged hotel opens in Largo
News 6 days ago
Region's newest Hilton-flagged hotel opens in Largo

Homewood Suites by Hilton (NYSE: HLT) is now open in Largo. The hotel, at 9103 Basil Court, offers 116 guest suites - a mix of studio, one- and two...

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Bluestone Lane Coffee also coming the new building, The Liz, in Logan
Blog 6 days ago
Bluestone Lane Coffee also coming the new building, The Liz, in Logan

rendering 14th and R Street, NW Following news of the one coming to 1515 Rhode Island Ave, NW at The Darcy hotel, comes word of one more from a...

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Rubenstein Partners Lands 150K SF Lease At Tysons Office Building
News 6 days ago
Rubenstein Partners Lands 150K SF Lease At Tysons Office Building

After buying a Tysons office building in 2015, losing its anchor tenant and renovating the property, Rubenstein Partners has now fully leased it...

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The New Communal Frontier: Is Co-Living Set To Explode In The U.S.?
News 6 days ago
The New Communal Frontier: Is Co-Living Set To Explode In The U.S.?

As the eternal quest for corporate efficiency and collaboration continues to unfold in the minds and hearts of business owners and employees alike,...

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National News

A glance at US mortgage rates down slightly this week
News 2 hours ago
A glance at US mortgage rates down slightly this week

Long-term US mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring...

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Will Las Vegas Glitz Play in Boston? Wynn Will Soon Find Out
News 5 hours ago
Will Las Vegas Glitz Play in Boston? Wynn Will Soon Find Out

After holding discussions to sell its $2.6 billion Massachusetts project to MGM Resorts International -- talks that sparked an outcry from local...

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sonnen and Evolutionary Home Builders partner to Design the Most Sustainable Passive Home Community in the United States
News 8 hours ago
sonnen and Evolutionary Home Builders partner to Design the Most Sustainable Passive Home Community in the United States

"Once again, sonnen has identified a partner in Evolutionary Home Builders who bucks the status quo and understands the importance and potential of...

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What Can Building a Tower on Top of its Herald Square Store Do for Macy’s?
News 9 hours ago
What Can Building a Tower on Top of its Herald Square Store Do for Macy’s?

Seeking to cash in on its most valuable real estate asset, Macy Inc.'s CEO Jeff Gennette confirmed that the department store retailer is...

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Are higher retail prices in the U.S. worth it to get China to play fair?
News 9 hours ago
Are higher retail prices in the U.S. worth it to get China to play fair?

Are higher retail prices in the U. S. worth it to get China to play fair?A retail group predicts higher prices in stores thanks to the trade war,...

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Counect International Technology debuted at ICSC RECon 2019
News 9 hours ago
Counect International Technology debuted at ICSC RECon 2019

CHENGDU, China, May 23, 2019 /PRNewswire/ -- On May 19-22, Counect International Technology attended the RECon 2019 organized by the International...

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Blackstone Targets $5 Billion for Latest Real Estate Debt Fund
News 9 hours ago
Blackstone Targets $5 Billion for Latest Real Estate Debt Fund

The firm is tapping into sustained interest in private real estate debt as investors search for yield. In 2018, $26 billion was raised by funds...

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10 Must Reads for the CRE Industry Today (May 23, 2019)
News 9 hours ago
10 Must Reads for the CRE Industry Today (May 23, 2019)
Source NREI - Wire

The Fed has signaled that no interest rate hikes are coming for some time, reports CNBC. MarketWatch looks at the retirement community of the...

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High end of purchase market benefiting most from lower mortgage rates
News 9 hours ago
High end of purchase market benefiting most from lower mortgage rates

The decline in average mortgage rates since the start of the year is driving higher purchase demand, especially at the higher end of the market,...

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Dollar General, Autozone proposed in Barnegat
News 10 hours ago
Dollar General, Autozone proposed in Barnegat

BARNEGAT - Dollar General, one of the nation's largest retailers, is hoping to open its first store in Barnegat. WP Barnegat LLC of Media,...

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Blackstone’s next real estate debt fund is aiming for $5B
News 11 hours ago
Blackstone’s next real estate debt fund is aiming for $5B

Blackstone is aiming to raise $5 billion for its latest real estate debt fund. The fund, Blackstone Real Estate Debt Strategies IV, will have an...

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Atlanta developer cements construction loan for Marriott Element hotel at Charlotte Avenue's OneCity project
News 11 hours ago
Atlanta developer cements construction loan for Marriott Element hotel at Charlotte Avenue's OneCity project

A developer from Atlanta has corralled all the funding needed to build the hotel planned as part of a mixed-use development on the revitalizing...

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Real Estate Market Trends: Nine Ways To Separate Signal From Noise
News 12 hours ago
Real Estate Market Trends: Nine Ways To Separate Signal From Noise

The market is always fluctuating in some way, but in order to be successful, you must be able to separate signals from noise when trying to...

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The Need For Warehouses Is Booming. How Can Companies Maintain Quality And Consistency?
News 12 hours ago
The Need For Warehouses Is Booming. How Can Companies Maintain Quality And Consistency?

Companies that operate in multiple markets across the U. S. are often missing one key thing when it comes to warehouse construction: consistency....

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U.S. home sales, manufacturing stumble; labor market strong
News 12 hours ago
U.S. home sales, manufacturing stumble; labor market strong

WASHINGTON (Reuters) - Sales of new U. S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing...

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UK to Enjoy Fast Growing Rental Investment Revolution Over Next 5 Years
News 12 hours ago
UK to Enjoy Fast Growing Rental Investment Revolution Over Next 5 Years

According to international real estate consultant Knight Frank's latest Prime Global Cities Index, which tracks the movement in luxury residential...

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Freddie Mac: Mortgage rates at one-year low after falling four consecutive weeks
News 12 hours ago
Freddie Mac: Mortgage rates at one-year low after falling four consecutive weeks
Source HousingWire

Mortgage interest rates have fallen for the fourth week in a row to match the one-year low set at the end of March, giving way to an uptick in...

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Homebuyers, you could have saved this much on your mortgage last week
News 12 hours ago
Homebuyers, you could have saved this much on your mortgage last week
Source HousingWire

Last week, the share of borrowers with rates under 4.25% ticked up. In fact, LendingTree's Mortgage Rate Competition Index indicates borrowers with...

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CBRE brokers $21M sale of Oakbrook Terrace shopping center
News 14 hours ago
CBRE brokers $21M sale of Oakbrook Terrace shopping center
Source RE Journal

CBRE recently brokered the sale of 22nd Street Plaza, a 176,164-square-foot retail property at 17W734 22nd Street in Oakbrook Terrace, Illinois....

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Welltower Buys $1.25B Medical Office Portfolio from CNL
News 15 hours 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 16 hours 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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Industrious Opens 2nd Charlotte Location
News 17 hours ago
Industrious Opens 2nd Charlotte Location
Source CP Executive

Asana Partners has welcomed Industrious at 436 E. 36th St., a recently renovated and converted property in Charlotte, N. C. The coworking space...

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Stan Johnson Facilitates $3M Sale in Tampa Area
News 18 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 20 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 21 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 22 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 1 day 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 1 day 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 1 day 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 1 day 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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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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