Local News

Leaping Toward Asset Transparency
Blog 2 days ago
Leaping Toward Asset Transparency
Source CMBS

A new rent-roll reporting standard promises to improve underwriting and commercial real estate investment management

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RealNex signs Agreement with CCIM Technologies to Deploy and Deliver Leading PropTech Solutions
Press Release 7 hours ago
RealNex signs Agreement with CCIM Technologies to Deploy and Deliver Leading PropTech Solutions
Source RealNex

CCIM Technologies subscribes to RealNex MarketEdge, for their 13,000+ Premium Subscribers and will deploy RealNex’s MP Exchange, a hosted...

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Rubenstein Partners Acquires 600 Washington Boulevard in Stamford CT
News 1 week ago
Rubenstein Partners Acquires 600 Washington Boulevard in Stamford CT

Rubenstein Partners, L.P. (including its affiliates, "Rubenstein Partners"), a vertically-integrated real estate investment adviser focused on...

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Advanced manufacturing firm expands in Prince William Cty.
News 1 week ago
Advanced manufacturing firm expands in Prince William Cty.

PRINCE WILLIAM CTY., VA — Mu-Del Electronics LLC, a manufacturer of high-performance radio frequency and microwave based systems, has relocated to...

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Virginia Tech Innovation Campus relocates to 65-acre site near Potomac Yard Metro
News 1 week ago
Virginia Tech Innovation Campus relocates to 65-acre site near Potomac Yard Metro

By Missy Schrott | mschrott@alextimes.com The Virginia Tech Innovation Campus coming to Alexandria will be located on a much larger site than the...

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Moody’s creates CRE portal to challenge CoStar
Blog 1 week ago
Moody’s creates CRE portal to challenge CoStar

This post originally appeared on Marketplace Advertiser, Connected Real Estate Magazine and is republished with permission. Find out how to...

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Paralyzed Veterans of America issues statement on the VA implementation of the Veterans Community Care Program
News 1 week ago
Paralyzed Veterans of America issues statement on the VA implementation of the Veterans Community Care Program

WASHINGTON, June 6, 2019 /PRNewswire/ -- Carl Blake, executive director of Paralyzed Veterans of America, issues the following statement regarding...

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Madison Investments to Develop Mixed-Use Project in 14th Street Corridor
News 1 week ago
Madison Investments to Develop Mixed-Use Project in 14th Street Corridor

WASHINGTON, DC-Locally-based Madison Investments and New York investment management firm Atalaya Capital Management have acquired two properties in...

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Exclusive: Securities and Exchange Commission's HQ search draws another protest
News 1 week ago
Exclusive: Securities and Exchange Commission's HQ search draws another protest

Another prospective landlord has challenged the federal government's search for a new Securities and Exchange Commission headquarters, adding more...

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Savills Hires Cameron as Senior Managing Director in D.C.
News 1 week ago
Savills Hires Cameron as Senior Managing Director in D.C.

Savills hired Rory Cameron as a senior managing director in Washington, DC. He will hold responsibility for expanding the firm’s global retail...

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Airstream revives two historic models (Photos)
News 1 week ago
Airstream revives two historic models (Photos)

Airstream, one of America's most iconic brands, is reviving two historic models of camper trailers. The Ohio-based producer of aluminum-body RVs...

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WPC Delivers 338-Unit Luxury Apartment Building at Silver Spring (MD) Metro
News 1 week ago
WPC Delivers 338-Unit Luxury Apartment Building at Silver Spring (MD) Metro

June 5, 2019- Washington Property Company (WPC) has delivered its latest luxury apartment community, Solaire 8250 Georgia Avenue. This 20-story,...

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DBJ Offices: See the 3D art and breakout spaces that make JLL's Denver office 'unique,' 'fun' and 'sophisticated'
News 1 week ago
DBJ Offices: See the 3D art and breakout spaces that make JLL's Denver office 'unique,' 'fun' and 'sophisticated'

JLL's downtown Denver office at 17th Street Plaza has all of the amenities one might expect at the Mile High headquarters of the world's second...

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Sneak peek: Take a look at condo amenities planned for Allen Parkway mixed-use project
News 2 weeks ago
Sneak peek: Take a look at condo amenities planned for Allen Parkway mixed-use project

Developers behind the planned 34-story mixed-use development known as The Allen have unveiled what the high-end condos in the complex will look...

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Northam, bogged down by blackface scandal, seeks to link affordable housing efforts to racial equity
News 2 weeks ago
Northam, bogged down by blackface scandal, seeks to link affordable housing efforts to racial equity

Virginia Gov. Ralph Northam believes affordable housing efforts can be a crucial element of his new focus on racial equity, an issue he's taken on...

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T-Mobile US merger bid has cost Sprint $346M
News 2 weeks ago
T-Mobile US merger bid has cost Sprint $346M

The T-Mobile US Inc. merger bid has cost Sprint $346 million, the Overland Park, Kansas-based company recently disclosed in an annual report....

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Avison Young recruits tenant rep team from Ezra
News 2 weeks ago
Avison Young recruits tenant rep team from Ezra

Avison Young has recruited a team from Ezra Co. with the goal increasing its representation of tenants seeking space in the D. C. area. Avison...

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Two New Restaurants Sign on at Reston Station in Northern Va.
News 2 weeks ago
Two New Restaurants Sign on at Reston Station in Northern Va.

Two D. C.-based restaurants have inked deals for new locations at Reston Station in Northern Virginia, according to a press release from Comstock...

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Online grocery sales drives demand for cold storage space
News 2 weeks ago
Online grocery sales drives demand for cold storage space

Few sectors of commercial real estate are likely to undergo as much transformation in coming years as cold-storage warehouses, according to CBRE's...

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New Report: Saving 20 Percent to Buy a Home Takes 20 Years on Average; Over 1 Million Avoided the Wait in 2018 by Using Private Mortgage Insurance
News 2 weeks ago
New Report: Saving 20 Percent to Buy a Home Takes 20 Years on Average; Over 1 Million Avoided the Wait in 2018 by Using Private Mortgage Insurance

WASHINGTON, June 5, 2019 /PRNewswire/ -- U. S. Mortgage Insurers (USMI), the association representing the nation's leading private mortgage...

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Greysteel arranges the receivership sale of a 227-unit multifamily portfolio in Southeast DC for $21.75m
News 2 weeks ago
Greysteel arranges the receivership sale of a 227-unit multifamily portfolio in Southeast DC for $21.75m

WASHINGTON, DC - Greysteel, a national commercial real estate investment services firm, has arranged the receivership sale of Elsinore Courtyard...

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The Growing Competitiveness of the Coliving Market
News 2 weeks ago
The Growing Competitiveness of the Coliving Market

They used to be called group homes and were once an informal and for the most part uncounted part pf the multifamily market. Now called coliving,...

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Savills Hires Broker From McCaffery To Lead New D.C. Retail Team
News 2 weeks ago
Savills Hires Broker From McCaffery To Lead New D.C. Retail Team

Brokerage firm Savills is launching a new retail practice in the D.C. area. The firm announced Wednesday it hired Rory Cameron as a senior managing...

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NYC-Based Aria Development Group Delivers New 156-Unit Apartment Building In Washington
News 2 weeks ago
NYC-Based Aria Development Group Delivers New 156-Unit Apartment Building In Washington

Apartment seekers in the nation's capital now have an exciting new option combining style, serenity, and an unparalleled location just off the...

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Modell Family Pays $48M Cash For 2 D.C. Office Buildings
News 2 weeks ago
Modell Family Pays $48M Cash For 2 D.C. Office Buildings

The family behind the Modell's Sporting Goods chain has just made a splash in the D. C. office market. Two LLCs registered to Modell's corporate...

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Long-Planned 2M SF Herndon Project Still Waiting For Commercial Demand As Residential Moves Forward
News 2 weeks ago
Long-Planned 2M SF Herndon Project Still Waiting For Commercial Demand As Residential Moves Forward

A Herndon site that was approved for over 2M SF of development in 2005 is finally moving forward with residential components as the landowner...

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Northeast Corridor Reception at the ULI Fall Meeting
Blog 2 weeks ago
Northeast Corridor Reception at the ULI Fall Meeting

Please join your fellow Fall Meeting attendees from the ULI Northeast Corridor (Boston, Westchester/Fairfield, New York, Northern New Jersey,...

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Urban Taxi Contagion
News 2 weeks ago
Urban Taxi Contagion

I got caught in the inevitable traffic congestion coming back into the city from the airport in morning rush hour last week. I say inevitable...

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Savills makes push into retail brokerage in D.C. area and beyond
News 2 weeks ago
Savills makes push into retail brokerage in D.C. area and beyond

Real estate brokerage firm Savills LLC has scooped up a well-known retail guru in D. C. with an eye toward planting a retail brokerage flag here....

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Elm Street Development pitches new townhomes as part of broader effort to revitalize Westfields in Fairfax County
News 2 weeks ago
Elm Street Development pitches new townhomes as part of broader effort to revitalize Westfields in Fairfax County

McLean-based Elm Street Development is pitching a new townhome project near Chantilly, building on Fairfax County's recent decision to rezone (and...

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Northeast Corridor Reception  at the ULI Fall Meeting
Blog 2 weeks ago
Northeast Corridor Reception at the ULI Fall Meeting

Wednesday, September 18, 2019 7:30 pm – 9:30 pm Baby Wale, 1124 9th ST NW, Washington, DC 20001 Please join your fellow Fall Meeting attendees from...

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Here’s what 1,000 new units by the White Flint Metro might look like
News 2 weeks ago
Here’s what 1,000 new units by the White Flint Metro might look like

Grand Park Development has earned preliminary approval for its $400 million, 1,000-unit mixed-use project slated for a site just south of Pike &...

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National News

Hotel Unicorn Oyo Plots $300 Million Push into the U.S. Market
News 1 hour ago
Hotel Unicorn Oyo Plots $300 Million Push into the U.S. Market

Oyo, which opened its first U.S. hotel at the beginning of the year, plans to invest $300 million to expand in the country, Chief Executive Officer...

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Smart Buildings Will Upend the Tenant Experience at SFR and Multifamily Properties, IMN Panelists Say
News 4 hours ago
Smart Buildings Will Upend the Tenant Experience at SFR and Multifamily Properties, IMN Panelists Say

Technology is set to overhaul the tenant experience at single-family rental (SFR) and multifamily properties, according to a panel held at the IMN...

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10 Must Reads for the CRE Industry Today (June 19, 2019)
News 5 hours ago
10 Must Reads for the CRE Industry Today (June 19, 2019)

St. Petersburg, Fla. is becoming a hipster hotspot, according to the Dallas Morning News. Forbes offers tips for investing in multifamily...

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UIP Secures JV Equity Financing For NoMa Condo
News 5 hours ago
UIP Secures JV Equity Financing For NoMa Condo

WASHINGTON, DC-Urban Investment Partners has secured joint venture equity financing for a condo development in the NoMa submarket called The...

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Mortgage application volume down, but refi activity remained high: MBA
News 5 hours ago
Mortgage application volume down, but refi activity remained high: MBA

Mortgage applications decreased by 3.4% this week, although refinance activity remained close to its 2019 high point, according to the Mortgage...

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Mattress Firm makes up with Tempur Sealy, to carry Tempur-Pedic beds
News 6 hours ago
Mattress Firm makes up with Tempur Sealy, to carry Tempur-Pedic beds

Mattress Firm and Tempur Sealy, longtime business partners engaged in a bitter breakup over the past two years, have reconciled their differences...

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San Antonio firm buys 444-unit Jax apartment complex for $35.1M
News 7 hours ago
San Antonio firm buys 444-unit Jax apartment complex for $35.1M

Lynd Opportunity Partners, a San Antonio, Texas-based real estate investment firm, has acquired a 444-unit multifamily community in Jacksonville...

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Press Release 7 hours ago
RealNex signs Agreement with CCIM Technologies to Deploy and Deliver Leading PropTech Solutions

CCIM Technologies subscribes to RealNex MarketEdge, for their 13,000+ Premium Subscribers and will deploy RealNex’s MP Exchange, a hosted...

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Press Release 7 hours ago
How Contractor Management Systems Can Replace Timesheets

Both small and multi-national businesses today are thriving beyond anything seen in the decades preceding the global financial crisis. With that,...

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Real estate: post-crisis boom draws to a close
News 8 hours ago
Real estate: post-crisis boom draws to a close

Editor's note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this every...

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Weekly mortgage applications fall as rates rise, volume remains much higher than last year
News 8 hours ago
Weekly mortgage applications fall as rates rise, volume remains much higher than last year

Mortgage application volume wasn't as stellar as it was last week as rates climbed slightly, but it was still up across the board on an annual...

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MBA: Uptick in mortgage rates slows purchase application growth
News 8 hours ago
MBA: Uptick in mortgage rates slows purchase application growth
Source HousingWire

A recent uptick in mortgage rates resulted in purchase applications declining slightly, according to the Mortgage Bankers Association. On an...

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Opportunity Zones Investing Is “Like Sex in High School
News 10 hours ago
Opportunity Zones Investing Is “Like Sex in High School

NEW YORK CITY-With the Treasury Department releasing the second tranche of Opportunity Zone guidance in April, what's happening with investments in...

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Google to Invest $1B in Silicon Valley Housing
News 12 hours ago
Google to Invest $1B in Silicon Valley Housing

Google has announced a $1 billion commitment to address the housing shortage in its backyard. The company plans to invest this money over the next...

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KeyBank Advises: Look Before Leaping Into Opportunity Zones
News 16 hours ago
KeyBank Advises: Look Before Leaping Into Opportunity Zones

BOISE, ID-The time is ripe for entrants with capital gains burning a hole in their pockets to invest in Opportunity Zones, the government-created...

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Why CRE Companies Are Finally Adopting Technology
News 23 hours ago
Why CRE Companies Are Finally Adopting Technology
Source GlobeSt.com

Because of the nuance and data-centric nature of this business, tailoring technology is imperative to commercial real estate companies. Why CRE...

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Press Release 23 hours ago
Common Areas Launches Real Estate Industry’s First Configurable Operations Platform

Platform sets new standard in creating digitally-connected business by uniting people, properties and processes   Tustin, CA (February 26, 2019)...

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Kushner-Backed Real Estate Startup Loses Another Top Executive
News 1 day ago
Kushner-Backed Real Estate Startup Loses Another Top Executive

Tom Stults, a managing director for investments, left in recent weeks, according to people familiar with the matter, who requested anonymity....

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Standard Motor Products Announces Return of its 'Shop Team Selfie' Challenge
News 1 day ago
Standard Motor Products Announces Return of its 'Shop Team Selfie' Challenge

NEW YORK, June 18, 2019 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) announces the return of its SMP 'Shop Team Selfie' Challenge. Running...

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Connected Real Estate Magazine Releases Latest Issue
News 1 day ago
Connected Real Estate Magazine Releases Latest Issue

Fifth Gen Media released the latest digital issue of its flagship publication, Connected Real Estate Magazine, this week. The print edition is...

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Cat Food or Technology
News 1 day ago
Cat Food or Technology

A few months ago my son left Minneapolis for a great career opportunity in Austin, which was okay, but he had a German Shepard and a cat. Well, to...

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Courtyard by Marriott in Virginia Sells for $20M
News 1 day ago
Courtyard by Marriott in Virginia Sells for $20M

Excel Group has acquired Courtyard by Marriott Springfield, a 191-key hotel in Springfield, Va., for $20.2 million, according to Fairfax County...

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Class action cases over broker commissions pick up steam
News 1 day ago
Class action cases over broker commissions pick up steam

Two class action antitrust lawsuits that threaten central tenets of the U. S. real estate business have now joined forces with their allegations...

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Apartment Construction Boom Continues in Seattle, Putting New Strain on Occupancies
News 1 day ago
Apartment Construction Boom Continues in Seattle, Putting New Strain on Occupancies

Construction cranes are looming over Seattle, casting a thicket of shadows over the apartment sector in the city. "Seattle has the most cranes in...

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Speed Bumps Ahead for Industrial Assets Don’t Diminish Investor Appetite
News 1 day ago
Speed Bumps Ahead for Industrial Assets Don’t Diminish Investor Appetite

Slowing economic growth, trade wars and a pipeline that is delivering new supply to the market may force investors to adjust return expectations...

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Chengdu-Finland New Economy Development Summit Launched in Finland
News 1 day ago
Chengdu-Finland New Economy Development Summit Launched in Finland

HELSINKI, June 18, 2019 /PRNewswire/ -- In June 2019, Chengdu and Finland's meeting resulted in a new economic spark of innovation and cooperation....

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Commissioners say no to flying rainbow flag at Williamson County offices
News 1 day ago
Commissioners say no to flying rainbow flag at Williamson County offices

GEORGETOWN - After hearing comments from 17 people during a public hearing Tuesday, Williamson County commissioners rejected a request from two...

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St. Paul Developer's Mission is to Repurpose Historical Buildings
News 1 day ago
St. Paul Developer's Mission is to Repurpose Historical Buildings

St. Paul, MN- John Rupp, a real estate developer and owner of the Commonwealth Properties collection of hospitality-related businesses, has created...

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