News

April 3, 2018

Chapter 11 Bankruptcy Sale Closes in Temple Hills, MD

The Lynnhill Condominium Association sold the 219-unit condominium community at 3103-3107 Good Hope Ave. in Temple Hills, MD through Chapter 11 bankruptcy to Dragone Realty Investments for $16.05 million, or about $73,000 per unit. The community was…

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April 3, 2018

Strata Enters D.C. Rental Market in Big Way

Pictured: The Links at Gleneagles, one of 11 communities acquired by Strata in greater D.C.Value-added apartment player Strata Equity Group has entered the Mid-Atlantic market with a big splash – acquiring an 11-property, 1,731-unit portfolio in suburb…

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April 3, 2018

Strata Enters D.C. Rental Market in Big Way

Pictured: The Links at Gleneagles, one of 11 communities acquired by Strata in greater D.C.Value-added apartment player Strata Equity Group has entered the Mid-Atlantic market with a big splash – acquiring an 11-property, 1,731-unit portfolio in suburb…

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April 2, 2018

Host Hotels Completes $1 Billion Hotel Portfolio Buy

The 301-room Andaz Maui is among a trio of resort hotels sold to Host Hotels & Resort in a $1 billion transaction.credit: Hyatt Hotels Corp.Host Hotels & Resorts (NYSE: HST) completed a $1 billion hotel portfolio buy from Hyatt Hotels Corp. (NYSE: H). …

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April 2, 2018

Host Hotels Completes $1 Billion Hotel Portfolio Buy

The 301-room Andaz Maui is among a trio of resort hotels sold to Host Hotels & Resort in a $1 billion transaction.credit: Hyatt Hotels Corp.Host Hotels & Resorts (NYSE: HST) completed a $1 billion hotel portfolio buy from Hyatt Hotels Corp. (NYSE: H). …

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April 2, 2018

Host Hotels Completes $1 Billion Hotel Portfolio Buy

The 301-room Andaz Maui is among a trio of resort hotels sold to Host Hotels & Resort in a $1 billion transaction.credit: Hyatt Hotels Corp.Host Hotels & Resorts (NYSE: HST) completed a $1 billion hotel portfolio buy from Hyatt Hotels Corp. (NYSE: H). …

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April 2, 2018

Florida Senior Housing Community Fetches $130M

Stratford Court-Boca Raton, a 4-Star assisted-living facility near Boca Raton, FL, has sold for $130 million to Welltower, Inc. The Toledo, OH-based real estate investment trust bought the 393,453-square-foot property at 6343 Via De Sonrisa Del Sur …

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April 2, 2018

USAID Leases Up 348,000-SF National Square Bldg. in SW D.C.

Goddard Investment Group’s $93 million bet on a vacant office building along D St. in Southwest Washington, D.C. has paid off. The Atlanta-based property investment firm, which made its entry into D.C. last year with the purchase of National Square…

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April 2, 2018

USAID Leases Up 348,000-SF National Square Bldg. in SW D.C.

Goddard Investment Group’s $93 million bet on a vacant office building along D St. in Southwest Washington, D.C. has paid off. The Atlanta-based property investment firm, which made its entry into D.C. last year with the purchase of National Square…

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April 2, 2018

CoStar Market Insights: Foreign Investment Continues to Pour Into D.C. Office Market

The Washington, D.C. office market has proven to be popular to foreign investors, thanks in part to the metro’s stability. The D.C. metro is countercyclical, which generally provides some cushion during downturns and gains that are more modest duri…

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