October 11, 2018
Coworking space provider Industrious, in one of the first agreements of its kind, has launched a new partnership with Philadelphia-based fund manager Rubenstein Partners to bring its hospitality-driven flexible workspace to Rubenstein’s Carlyle Tower p…
Read MoreOctober 11, 2018
Coworking space provider Industrious, in one of the first agreements of its kind, has launched a new partnership with Philadelphia-based fund manager Rubenstein Partners to bring its hospitality-driven flexible workspace to Rubenstein’s Carlyle Tower p…
Read MoreOctober 11, 2018
The ownership group behind a trophy retail center in northeast Washington, D.C., has secured $61 million in financing to recapitalize the property. Dallas’ Trammell Crow Co., in an ownership venture with Washington firms CSG Urban Partners and Fort …
Read MoreOctober 10, 2018
Hub on Causeway, a mixed-use, transit-oriented development at 100 Causeway in Boston, at the site of the now-demolished Boston Gardens sports arena. Here’s the good news for developers dreaming of building a massive project with apartments, offices,…
Read MoreOctober 9, 2018
The Edition apartment building in Hyattsville, Maryland.Credit: Fore Property Co. The Hyattsville apartment market has long benefited from the spillover demand from the University of Maryland and a renter-by-necessity population. But that is beginni…
Read MoreOctober 9, 2018
Rendering of the 520-unit 200 Stovall apartment building in Alexandria, Virginia.Credit: Perseus Realty Key performance metrics were green across the board in Washington, D.C.’s Alexandria/Interstate 395 apartment market at the start of the fourth q…
Read MoreOctober 9, 2018
Hugh Frater, interim CEO of Fannie Mae. Government-backed mortgage giant Fannie Mae tapped a veteran real estate investor and brokerage executive to lead the government-sponsored enterprise — at least for now. Fannie said Hugh Frater, former CEO o…
Read MoreOctober 8, 2018
CIM Commercial Trust plans to take advantage of heavy leasing demand in the office market in Oakland, California, in its recapitalization plan. CIM Commercial Trust, 95 percent-owned by a group of institutional investors, said it is taking advantage…
Read MoreOctober 8, 2018
Invesco Real Estate plans to buy an 80 percent stake in five apartment buildings owned by AvalonBay, including the Avalon Morningside in Manhattan. Real estate investment trust AvalonBay is considering a shift in its latest focus from apartments in …
Read MoreOctober 5, 2018
Rendering of the 520-unit 200 Stovall apartment building in Alexandria, Virginia.Credit: Perseus Realty Key performance metrics were green across the board in Washington, D.C.’s Alexandria/I-395 apartment market at the start of the fourth quarter. B…
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