July 2, 2018
An affiliate of Beacon Capital Partners has purchased 2445 M St. NW, an office building in Washington, D.C.’s West End, from Washington Real Estate Investment Trust for $101.6 million. The building was fully leased at the time of the sale, with the…
Read MoreJuly 2, 2018
An affiliate of Beacon Capital Partners has purchased 2445 M St. NW, an office building in Washington, D.C.’s West End, from Washington Real Estate Investment Trust for $101.6 million. The building was fully leased at the time of the sale, with the…
Read MoreJuly 2, 2018
Ashford Hospitality Trust has wrapped up its acquisition of the Hilton Alexandria Old Town, less than a week after announcing the pending deal. The Dallas-based hotel REIT paid $111 million, or approximately $451,000 per key, to acquire the 252-roo…
Read MoreJuly 2, 2018
Ashford Hospitality Trust has wrapped up its acquisition of the Hilton Alexandria Old Town, less than a week after announcing the pending deal. The Dallas-based hotel REIT paid $111 million, or approximately $451,000 per key, to acquire the 252-roo…
Read MoreJune 29, 2018
Rendering of the 476-unit Skyland Town Center apartment building in Washington, D.C. The Anacostia-Southeast Washington D.C. area is being touted as the city’s next frontier. Several large companies have marked their territory with new developments…
Read MoreJune 28, 2018
The Class A, 403,622-square-foot One Dulles Tower at 13200 Woodland Park Rd. in Herndon, VA When most people think of tech companies such as Facebook, Amazon, or Yelp, they think of the Bay Area, the high-tech hub of the U.S. And while many of thes…
Read MoreJune 27, 2018
The Mortgage Bankers Association reported that level of commercial/multifamily mortgage debt outstanding increased by $44.3 billion in the first quarter of 2018 as all four major investor groups increased their holdings, including banks, life insurance…
Read MoreJune 27, 2018
The 45-year-old Circle Towers apartment complex in suburban Washington, D.C. is up for grabs, and is being pitched as a pure value-added play. The three 13-story towers at 9335 Lee Highway in Fairfax, VA, comprise 624 units, 12,000 square feet of re…
Read MoreJune 26, 2018
The Housing Opportunities Commission of Montgomery County, Maryland (HOC) broke ground last Monday on a new mixed-income housing development that will add some much-needed affordable housing to suburban Washington, D.C. HOC will invest $34 million i…
Read MoreJune 26, 2018
A week after Jones Lang LaSalle named Christopher Molivadas as its new Mid-Atlantic market director, Newmark Knight Frank also elected to shake up its market leadership in the Washington, D.C. area, bringing in former CBRE managing director Ryan Miller…
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