News

June 21, 2018

DC Ranks Third Nationally in Multifamily Units Under Construction

The 63-unit Georgia Row at Walter Reed apartment complex, slated to deliver by the third quarter of 2018, at 7237 Georgia Ave. NW in Washington, D.C. You’d have to go back to the late years of the previous two economic cycles (2007 and 2000) to find…

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June 21, 2018

The Apollo on H Street Gets Permanent Financing

The Apollo on H Street, a residential, retail and office mixed-use property in northeast Washington, D.C.’s H Street Corridor, has received permanent financing. The borrower, a partnership between Insight Property Group and institutional investors …

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June 19, 2018

JLL Promotes Molivadas to Mid-Atlantic Market Director

Jones Lang LaSalle has selected Christopher Molivadas to succeed Michael Ellis as the company’s new Mid-Atlantic market director. An 18-year veteran of the company, Molivadas will now oversee the entire Mid-Atlantic region for JLL, driving growth in…

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June 19, 2018

Westport Capital, Galaxy Investments Team Up to Buy Tavern Square in Old Town Alexandria

Westport Capital Partners, in a joint venture with certain affiliates of Galaxy Investments, has acquired the Tavern Square mixed-use complex in Old Town Alexandria from New York City-based real estate investment and consultancy company, The Pyne Compa…

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June 18, 2018

DC has the Most Educated Workforce in the Country

Yelp occupies nearly 54,000 square feet at Square 456 – Terrell Place, a 516,433-square-foot, Class A office building at 575 7th St. NW in Washington, D.C. San Francisco and Boston, especially, but also Austin, San Jose, Denver and Seattle, grab hea…

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June 18, 2018

DC has the Most Educated Workforce in the Country

Yelp occupies nearly 54,000 square feet at Square 456 – Terrell Place, a 516,433-square-foot, Class A office building at 575 7th St. NW in Washington, D.C. San Francisco and Boston, especially, but also Austin, San Jose, Denver and Seattle, grab hea…

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June 17, 2018

DC is the Most Educated Workforce in the Country

Yelp occupies nearly 54,000 square feet at Square 456 – Terrell Place, a 516,433-square-foot, Class A office building at 575 7th St. NW in Washington, D.C. San Francisco and Boston, especially, but also Austin, San Jose, Denver and Seattle, steal he…

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June 17, 2018

LaSalle Turns Down Pebblebrook Offer for Fourth Time

LaSalle Hotel Properties owns 41 hotels totaling 10,400 rooms in 11 markets, including the 120-room L’Auberge Del Mar Resort & Spa in San Diego County. LaSalle Hotel Properties has formerly rejected a revised and higher merger offer from Pebblebrook…

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June 17, 2018

LaSalle Turns Down Pebblebrook Offer for Fourth Time

LaSalle Hotel Properties owns 41 hotels totaling 10,400 rooms in 11 markets, including the 120-room L’Auberge Del Mar Resort & Spa in San Diego County. LaSalle Hotel Properties has formerly rejected a revised and higher merger offer from Pebblebrook…

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June 15, 2018

Steady as She Goes: Cushman Economist Sees ‘Goldilocks’ Economy Continuing Into 2019

Pictured: Revathi Greenwood, head of Americas research at Cushman & Wakefield.LAS VEGAS –  Developers and owners should expect to benefit from an ideal U.S. economy into 2019, economic experts said Thursday. “We are in a goldilocks econ…

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