Local News

Wall Street Journal Deputy Editor to Moderate Keynote Session Featuring JLL Spark Co-Founders at CREtech New York 2019
Press Release 1 day ago
Wall Street Journal Deputy Editor to Moderate Keynote Session Featuring JLL Spark Co-Founders at CREtech New York 2019
Source CREtech

The World’s Most Influential Commercial Real Estate Tech Conference Is Coming To BrooklynNew York, NY (August 19, 2019) —&nbsp...

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Lakeforest Mall sold to South Carolina developer
News 3 weeks ago
Lakeforest Mall sold to South Carolina developer

The Lakeforest Mall in Gaithersburg has found a new buyer nearly two years after it was sold at a foreclosure auction. New owner WRS Inc. of Mount...

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JLL announces $485M sale of 5 retail assets in Northern Virginia and Maryland
News 3 weeks ago
JLL announces $485M sale of 5 retail assets in Northern Virginia and Maryland

MIAMI, July 29, 2019 /PRNewswire/ -- JLL announces that it has closed the $485 million sale of a portfolio of five core, grocery-anchored retail...

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Square to move to St. Louis Post-Dispatch in what may be first steps for a new 'innovation district' north of Washington Avenue
News 3 weeks ago
Square to move to St. Louis Post-Dispatch in what may be first steps for a new 'innovation district' north of Washington Avenue

Documents filed with the state of Missouri suggest the area north of Washington Avenue could see more investment. Filled with "must read" stories,...

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Washington, DC Market Reports
Marketresearch 3 weeks ago
Washington, DC Market Reports

Office demand in the Washington metro area was positive during the second quarter, but down from the previous quarter. The second quarter saw 592...

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George Washington University, Boston Properties ink deal for Foggy Bottom site
News 3 weeks ago
George Washington University, Boston Properties ink deal for Foggy Bottom site

George Washington University has executed a deal to lease a Foggy Bottom development site to an affiliate of Boston Properties (NYSE: BXP) for the...

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First Washington Pays $485M for Grocery-Anchored Retail Portfolio
News 3 weeks ago
First Washington Pays $485M for Grocery-Anchored Retail Portfolio

First Washington Realty has acquired a 797,984-square-foot portfolio of five core, grocery-anchored retail properties, located in northern Virginia...

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Two Reston firms launch initiative aimed at making cities smarter
News 3 weeks ago
Two Reston firms launch initiative aimed at making cities smarter

A pair of Northern Virginia tech accelerators are teaming up to lead a regional partnership focused on making cities smarter, with $800,000 in...

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DC Council Chair Applies for Short-Term Rental Zoning Amendment
Blog 3 weeks ago
DC Council Chair Applies for Short-Term Rental Zoning Amendment
Source Urban Turf

Eight months ago, the DC Council passed a bill regulating short-term rentals around the city. Now, two months before the bill is scheduled for...

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News 3 weeks ago
In Brief: Washington, D.C., Named Best U.S. City Park System for 2019
Source Urbanland

Washington, D. C., has the best city park system in the United States, according to the Trust for Public Land's eighth annual ParkScore index,...

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A National Branding Company Sets Its Sights On LA's Growing Real Estate Market
News 3 weeks ago
A National Branding Company Sets Its Sights On LA's Growing Real Estate Market

Competition in the real estate industry is fiercer than ever. Whether developing a high-rise office tower, luxury apartment building or large-scale...

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Blog 3 weeks ago
"After 38 years The Brass Knob will close on November 1, 2019."

2311 18th Street, NW OH NO!! Thanks to Amanda for passing on from the Brass Knob: “Beginning August 3, 2019 All Items 20% Off Selected Items 30% to...

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How One Construction Firm Is Thinking Outside The Box To Help Developers Cut Costs
News 3 weeks ago
How One Construction Firm Is Thinking Outside The Box To Help Developers Cut Costs

A developer recently approached Ellisdale Construction President Kevin Ash with a problem. The firm wanted to construct a wood-frame building with...

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Scott Melnick Launches New Firm, Quickly Reaches $500M In Deals
News 3 weeks ago
Scott Melnick Launches New Firm, Quickly Reaches $500M In Deals

A 35-year D. C. commercial real estate veteran has started a new brokerage shop and already quietly closed hundreds of millions in deals. Scott...

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WashREIT spent more than a half-billion dollars on apartments in three months
News 3 weeks ago
WashREIT spent more than a half-billion dollars on apartments in three months

Washington Real Estate Investment Trust (NYSE: WRE) has acquired Cascade at Landmark, a 277-unit "high-risk Class B" apartment complex in...

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Washington REIT Sells $485M Retail Portfolio
News 3 weeks ago
Washington REIT Sells $485M Retail Portfolio

First Washington Realty Inc. has expanded its footprint in metropolitan Washington, D. C., by 800,000 square feet in one fell swoop. The real...

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Hamilton Zanze Acquires The Reserve at Ballenger Creek Apartments in Fredrick, Maryland
News 3 weeks ago
Hamilton Zanze Acquires The Reserve at Ballenger Creek Apartments in Fredrick, Maryland

WASHINGTON, DC - San Francisco-based real estate investment firm Hamilton Zanze (HZ) has acquired The Reserve at Ballenger Creek Apartments in...

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A REIT's New Amenity: A CSA Program From a Rooftop Farm
News 3 weeks ago
A REIT's New Amenity: A CSA Program From a Rooftop Farm

BETHESDA, MD-Federal Realty Investment Trust has unveiled renderings of its new headquarters at 909 Rose, an office building located in its Pike &...

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MRP Breaks Ground On Northeast D.C. Project, Lines Up Financing For Another
News 3 weeks ago
MRP Breaks Ground On Northeast D.C. Project, Lines Up Financing For Another

MRP Realty is making major progress on its Northeast D.C. development pipeline this month, celebrating the groundbreaking of one project and...

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Trump Island mansion burns down, Boeing's rough Q2 and T-Mobile's merger is approved
News 3 weeks ago
Trump Island mansion burns down, Boeing's rough Q2 and T-Mobile's merger is approved

Hello again, and thank you for joining us for this edition of the Business Journal Untucked. We covered all kinds of Seattle-area business news...

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U.S. sanctions squeezing Iranians
News 3 weeks ago
U.S. sanctions squeezing Iranians

Newly married couple, Mohammad Davoodi, 28, and Mahsa Asadzadeh, 20, shop recently in Tehran. Rising costs in the sanctions-stricken country are...

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Residents of Barry Farms Push for Historic Site Designation
News 3 weeks ago
Residents of Barry Farms Push for Historic Site Designation

The Barry Farms neighborhood of Southeast D.C. has a long history, especially in the African American community. Now, residents are pushing to get...

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Which presidential candidates raised most from Washingtonians in 2019?
News 3 weeks ago
Which presidential candidates raised most from Washingtonians in 2019?

Washington state residents have contributed at least $4 million to presidential campaigns so far this year, according to Federal Elections...

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Mitchell Schear Joins Camber Creek as New Executive Partner
News 3 weeks ago
Mitchell Schear Joins Camber Creek as New Executive Partner

Proptech venture capital firm Camber Creek has added Mitchell Schear as an executive partner to the company's leadership team. The former president...

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Amazon has the region riding high. Officials now have a new challenge to confront: complacency.
News 3 weeks ago
Amazon has the region riding high. Officials now have a new challenge to confront: complacency.

From left: Alexandria Economic Development Partnership President Stephanie Landrum, Gov. Terry McAuliffe's Secretary of Commerce and Trade Todd...

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Columbia's Gateway Overlook shopping center sold in $485 million portfolio sale
News 3 weeks ago
Columbia's Gateway Overlook shopping center sold in $485 million portfolio sale

A Bethesda real estate investment firm has acquired the Gateway Overlook shopping center in Columbia as part of a purchase of five shopping centers...

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Premier Workspaces Inks 17K SF Lease in DC’s Golden Triangle
News 3 weeks ago
Premier Workspaces Inks 17K SF Lease in DC’s Golden Triangle

Premier Workspaces has signed a 17,178-square-foot lease for the entire fifth floor at 2001 L Street NW in Washington, D. C.'s Golden Triangle...

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Pendry Hotels releases details on hotel in Washington D.C.
News 3 weeks ago
Pendry Hotels releases details on hotel in Washington D.C.

Pendry Hotels & Resorts, which made its East Coast debut in Baltimore in 2017, is now sharing more about its first D. C. hotel. The boutique hotel...

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Hotel Indigo Coachella Developers Looking to EB-5 for Construction Debt
News 3 weeks ago
Hotel Indigo Coachella Developers Looking to EB-5 for Construction Debt

Glenroy Coachella LLC, the development partnership that is constructing the Hotel Indigo Coachella resort near the site of the Coachella Valley...

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Blog 3 weeks ago
"Shop Made in DC coming to Georgetown"

1242 Wisconsin Avenue, NW From a press release: “What: Shop Made in DC, the first brick and mortar store stocked exclusively with DC brands, will...

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Today's Rental was chosen for folks looking for a 2 bed/2 bath
Blog 3 weeks ago
Today's Rental was chosen for folks looking for a 2 bed/2 bath

This rental is located at 3408 Sherman Ave, NW. The Craigslist ad says: “$2550 / 2br – 1000ft2 – Columbia Hgts 2BR 2BA w/Parking Beautiful Columbia...

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National News

Cap rates for CRE assets stable in H1 2019, says CBRE
News 5 hours ago
Cap rates for CRE assets stable in H1 2019, says CBRE
Source CRE HERALD

Cap rates for commercial real estate assets stable in H1 2019, says CBRE Cap rates for CRE assets stable in H1 2019, says CBRE CRE Herald

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Homebuilders allege permit-fee gouging
News 6 hours ago
Homebuilders allege permit-fee gouging

Advocates for Minnesota homebuilders released a report Tuesday that says local governments are overcharging residential builders and developers on...

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FHA loan changes open door for condo buyers, especially at entry level
News 10 hours ago
FHA loan changes open door for condo buyers, especially at entry level

FHA loan changes open door for condo buyers, especially entry-level New federal regulations could fuel condominium sales in central Ohio,...

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Can the Apartment Market Sustain its Momentum?
News 11 hours ago
Can the Apartment Market Sustain its Momentum?

The apartment sector is the strongest it's been in years, according to industry experts. "Terrific absorption has pushed occupancy upward to highs...

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WeWork Gets Tax Rebate Meant for Its Small-Business Tenants
News 13 hours ago
WeWork Gets Tax Rebate Meant for Its Small-Business Tenants

The New York-based company that revolutionized the commercial property business estimates it has received about 2 million pounds ($2.4 million) in...

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In The Competitive Sun Belt, Multifamily Deals Require Fast, Flexible Financing
News 15 hours ago
In The Competitive Sun Belt, Multifamily Deals Require Fast, Flexible Financing

From Florida to Texas to Phoenix, the nation's largest REITs and private equity groups are scouring the Sun Belt for the best assets. With so much...

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How Pop-Up Parks Can Energize Repurposed Space
News 20 hours ago
How Pop-Up Parks Can Energize Repurposed Space

WASHINGTON, DC-Pop-up parks are instant open areas ready for public use and programming. They are under-utilized space, or space originally...

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The Dependency Ratio
News 22 hours ago
The Dependency Ratio

In ten short years, 2030 to be exact, America's dependency ratio-or the percentage of non-working citizens who rely on those who are employed-will...

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NRF Reports Strong Gains in July Retail Sales; Stock Market, Tariffs Could Cause Caution
News 1 day ago
NRF Reports Strong Gains in July Retail Sales; Stock Market, Tariffs Could Cause Caution

Retail sales were up 0.9% in July, seasonally adjusted from June and up 5.6% unadjusted year-over-year, the National Retail Federation (NRF)...

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Tesla to Lease Solar Panels to Homeowners
News 1 day ago
Tesla to Lease Solar Panels to Homeowners

Tesla Inc., better known for making electric cars, is once again offering to rent solar panels to homeowners. Rentals are available in six states:...

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Starwood Property Trust closes $1.1bn CRE CLO
News 1 day ago
Starwood Property Trust closes $1.1bn CRE CLO
Source CRE HERALD

Starwood Property Trust closed $1.1 billion Commercial Real Estate Collateralized Loan Obligation Starwood Property Trust closes $1.1bn CRE CLO CRE...

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Unity Plaza retail spaces sold for $3.3 million
News 1 day ago
Unity Plaza retail spaces sold for $3.3 million

Vacant retail space located at 220 Riverside in Brooklyn sold for $3.3 million, about $200,000 below an asking price that already dropped by $1...

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GTIS, Graham Street Realty Buy Bay Area Office Asset
News 1 day ago
GTIS, Graham Street Realty Buy Bay Area Office Asset
Source CP Executive

In their first joint venture, GTIS Partners and Graham Street Realty have acquired Belvedere Place, a 104,000-square-foot, Class A office property...

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Amazon makes Arlington and Alexandria most competitive housing markets in the United States
News 1 day ago
Amazon makes Arlington and Alexandria most competitive housing markets in the United States

More evidence of Amazon.com Inc.'s second headquarters radically shifted the Northern Virginia housing market landscape: A new Redfin report has...

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Problems at South Shore Health predated executive upheaval
News 1 day ago
Problems at South Shore Health predated executive upheaval

Last week's news that two top South Shore Health executives were put on paid leave was unexpected, and the health system offered little reason for...

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Bank or Private Loan: Which Financing Strategy Should You Choose?
News 1 day ago
Bank or Private Loan: Which Financing Strategy Should You Choose?

Borrowers looking to increase their assets and diversify their portfolios have more financing options today than ever before. Yet securing the...

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Tech Employer Growth Spilling Over to Less Established Markets, According to CBRE’s Annual Scoring Tech Talent Report
News 1 day ago
Tech Employer Growth Spilling Over to Less Established Markets, According to CBRE’s Annual Scoring Tech Talent Report

Tightening availability of tech talent in leading markets has spurred hiring momentum in smaller and upstart markets in the United States and...

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July’s 30+ Days CMBS Delinquency Rate Falls to New Post-Crisis Low
News 1 day ago
July’s 30+ Days CMBS Delinquency Rate Falls to New Post-Crisis Low

The all-property CMBS delinquency rate fell to a new post-financial crisis low in July, according to both Trepp LLC and ratings agency Fitch. Trepp...

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NYC Walk-Up Building Sells at a Discount, Setting Benchmark for New Rules
News 1 day ago
NYC Walk-Up Building Sells at a Discount, Setting Benchmark for New Rules

The five-story walk-up at 11 Carmine St. traded Thursday for $11.6 million, a 12% discount from the seller's last asking price, according to broker...

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Sterling Construction to Acquire Plateau Excavation for $400M
News 1 day ago
Sterling Construction to Acquire Plateau Excavation for $400M

THE WOODLANDS, TEXAS - Sterling Construction Co., a general contractor based in the Houston area, has entered into an agreement to acquire Georgia...

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Colliers-Backed Harrison Street Raises $1.3 Billion for New Fund
News 1 day ago
Colliers-Backed Harrison Street Raises $1.3 Billion for New Fund

The firm exceeded its original $950 million target for the fund and raised an additional $302.5 million in co-investment vehicles, lifting its...

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Survey of economists shows more pessimism about recession
News 1 day ago
Survey of economists shows more pessimism about recession

Thirty-four percent of economists polled by the National Association for Business Economics expect recession to hit in 2021 - up from 25% in a...

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16 Questions With Boxer Property CEO Andrew Segal
News 1 day ago
16 Questions With Boxer Property CEO Andrew Segal

This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses...

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Pizza Giants Take Radically Different Tacks When It Comes To Online Delivery
News 1 day ago
Pizza Giants Take Radically Different Tacks When It Comes To Online Delivery

For pizza makers, order delivery used to be simple. Customers would call the pizza joint, then wait for a delivery person to show up. Now online...

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Harrison Street Closes $1.6B Fund To Invest In Senior Living, Healthcare Real Estate
News 1 day ago
Harrison Street Closes $1.6B Fund To Invest In Senior Living, Healthcare Real Estate

Harrison Street seems to have no shortage of interest from investors for its private equity funds. The Chicago-based firm has closed its seventh...

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Citi enters non-Qualified Mortgage market
News 1 day ago
Citi enters non-Qualified Mortgage market
Source HousingWire

Citigroup Global Markets Realty is entering the non-Qualified Mortgage space by issuing its first non-QM mortgage backed security. The company...

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Press Release 1 day ago
The Real Deal Joins CREtech as a Media Partner for Their Flagship New York Event on October 16-17

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

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Mati Energy expands market reach at Whole Foods in Texas, Oklahoma, Louisiana and Arkansas
News 1 day ago
Mati Energy expands market reach at Whole Foods in Texas, Oklahoma, Louisiana and Arkansas

An organic, craft-brewed energy drink that started in a Duke University dorm room will soon hit the drink coolers of Whole Foods stores in four...

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Maybe We Should Be Panicking About the End of the Cycle After All
News 1 day ago
Maybe We Should Be Panicking About the End of the Cycle After All

For the most part, the commercial real estate industry is sanguine about the cycle's end, expecting a soft landing based on the currently strong...

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The economy may be starting to slow. Real estate is taking notice.
News 1 day ago
The economy may be starting to slow. Real estate is taking notice.

The yield curve inversion and threats of an escalating trade war recently sent markets into a tizzy last week. If those economic jolts are going to...

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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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