Local News

Why So Many Early Education Concepts Are Eyeing Big D.C. Expansions
News 1 week ago
Why So Many Early Education Concepts Are Eyeing Big D.C. Expansions

An incoming surge of education-based concepts could create new demand for retail, office and industrial space in the D.C. region. At least three...

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Carr’s 2001 Pennsylvania to Get WaveOffice
News 1 week ago
Carr’s 2001 Pennsylvania to Get WaveOffice

WASHINGTON, DC-Carr Properties will be adding the move-in suites that it has branded WaveOffice to 2001 Pennsylvania Ave., NW. The company already...

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Blog 1 week ago
National Tourism and Travel Week 2019: DC recap | DC needs a tourism development and management plan

May 5-11 was National Tourism and Travel Week with the theme "Travel Matters," and I wrote a bunch of pieces on the topic."(US) National Travel and...

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President Trump to Address Realtors® at NAR's Annual Legislative Conference
News 1 week ago
President Trump to Address Realtors® at NAR's Annual Legislative Conference

WASHINGTON, May 12, 2019 /PRNewswire/ -- This Friday, President Donald J. Trump will address the National Association of Realtors at the Realtors®...

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2019 Asian Food Fest at the Banks
News 1 week ago
2019 Asian Food Fest at the Banks

Cincinnati's annual celebration of Asian cuisine made its return to the Banks for the first time in five years. We have your look inside. The Asian...

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Capitol Hill internships always paid off – this summer they’ll pay, too
News 1 week ago
Capitol Hill internships always paid off – this summer they’ll pay, too
Source AZ Big Media

Students will soon be flocking to summer internships, but those headed to Capitol Hill could see something interns there haven't seen in decades -...

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D.C. residents could soon meet regularly with Park Service officials: congressional delegate
Blog 1 week ago
D.C. residents could soon meet regularly with Park Service officials: congressional delegate
Source Curbed - D.C.

Del. Eleanor Holmes Norton says the National Park Service will hold quarterly public meetings with locals Denizens of the District will soon be...

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Peak Cycle Comparison of Rent Growth
Blog 1 week ago
Peak Cycle Comparison of Rent Growth

In Colliers’ Occupier Services Peak Cycle Comparison of Rent Growth report, we take a global look across more than 40 markets – comparing rent...

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Cambria CEO Marty Davis cheers Trump's China tariffs
News 1 week ago
Cambria CEO Marty Davis cheers Trump's China tariffs

The mounting tariffs imposed this week by the Trump administration may have roiled Wall Street and drawn worry from at least one other Minnesota...

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Big sellers will take a hit with new Washington real estate tax
News 1 week ago
Big sellers will take a hit with new Washington real estate tax

Despite objections from the real estate industry, Washington lawmakers changed the state's real estate excise tax rate (REET) for the first time in...

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Puget Sound Business Journal
News 1 week ago
Puget Sound Business Journal

Despite objections from the real estate industry, Washington lawmakers changed the state's real estate excise tax rate (REET) for the first time in...

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Mayor Muriel Bowser is ready to explore D.C. height limit changes in order to meet housing production goals
News 1 week ago
Mayor Muriel Bowser is ready to explore D.C. height limit changes in order to meet housing production goals

D. C. Mayor Muriel Bowser has for months talked up her plan to see the District add 36,000 new homes by 2025 - and she could be willing to touch a...

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DC Developer Gets $55M Debt Package in Hotel Construction Deal
News 1 week ago
DC Developer Gets $55M Debt Package in Hotel Construction Deal

Habte Sequar, a real estate developer in Washington, D. C., has picked up a $55 million loan from Stonehill Strategic Capital to fund construction...

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Blog 1 week ago
"Increasing Housing Supply and Attainability: Improving Rules and Engagement to Build More Housing"- 2019 Real Estate Trends Conference

The first quick hit after lunch featured Michelle Chang, Founder and CEO of Imby Community, Inc., briefing the attentive crowd on ULI Washington's...

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New details emerge for redevelopment of office park near future Reston Metro station
News 1 week ago
New details emerge for redevelopment of office park near future Reston Metro station

Plans are coming together for Tishman Speyer's massive redevelopment of a Reston office park into seven mixed-use buildings virtually adjacent to a...

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From Residential to Commercial: A Georgetown Office Conversion
Blog 1 week ago
From Residential to Commercial: A Georgetown Office Conversion
Source Urban Turf

While some developments in the city are faced with questions about the feasibility of the office market, a proposed project in Georgetown aims to...

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JBG Smith Secures $78M for Workforce Housing Fund
News 1 week ago
JBG Smith Secures $78M for Workforce Housing Fund

WASHINGTON, DC-Almost a year after JBG Smith and the non-profit Federal City Council announced their affordable housing program, the REIT has held...

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WeWork Inks 200 KSF in NYC, DC Coworking Deals
News 1 week ago
WeWork Inks 200 KSF in NYC, DC Coworking Deals
Source CP Executive

Uber's stock market debut grabbed headlines last week, but another SoftBank-backed unicorn is making waves in the real estate world as it moves...

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Sheehy Auto Stores Announces Plans for the 22nd Annual Sheehy 8000 to Benefit the American Heart Association
News 1 week ago
Sheehy Auto Stores Announces Plans for the 22nd Annual Sheehy 8000 to Benefit the American Heart Association

FAIRFAX, Va., May 10, 2019 /PRNewswire/ -- Sheehy Auto Stores, Inc. has announced plans for the 22nd Annual Sheehy 8000 Sales Event, a community...

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Three And a Half Years Later, Developer Takes New Route For Superfresh Redevelopment in AU Park
Blog 1 week ago
Three And a Half Years Later, Developer Takes New Route For Superfresh Redevelopment in AU Park
Source Urban Turf

With the redevelopment of the former Superfresh grocery site in Spring Valley still up in the air after 3.5 years, the development team is taking a...

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No deal but no rupture after Trump jacks up China tariffs
News 1 week ago
No deal but no rupture after Trump jacks up China tariffs

The U.S. gave its bottom line in talks in Washington, saying Beijing had three to four weeks more to reach an agreement before the Trump...

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Lerner Sells 2 Dulles Office Buildings
News 1 week ago
Lerner Sells 2 Dulles Office Buildings

Lerner Enterprises has just sold two office buildings near Dulles International Airport for $16.5M. Avison Young announced Friday it brokered the...

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Did Apple's 'Town Square' Gore the Store?
News 1 week ago
Did Apple's 'Town Square' Gore the Store?

an unintended consequence of the new "informality" may have been the dilution of the secret-sauce, originally cooked up by Ron Johnson and Steve...

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National News

A glance at US mortgage rates down slightly this week
News 5 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 7 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 11 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 11 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 11 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 11 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 11 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 12 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 12 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 12 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 13 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 13 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 15 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 15 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 15 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 15 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 15 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 15 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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Multifamily developers’ confidence falters for third consecutive quarter
News 15 hours ago
Multifamily developers’ confidence falters for third consecutive quarter
Source HousingWire

Multifamily developers' confidence weakened further in the first quarter of 2019, according to the National Association of Home Builders. According...

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CBRE brokers $21M sale of Oakbrook Terrace shopping center
News 16 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 17 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 18 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 19 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 21 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 22 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 1 day 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 1 day 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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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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