News

March 12, 2018

After Weighing Move to DC, MicroStrategy Elects to Keep HQ in Tysons Corner

MicroStrategy (NASDAQ: MSTR) is staying in Tysons Corner after the business intelligence company signed an extension for its 237,240-square-foot headquarters at 1850 Towers Crescent Plaza in Vienna, VA. Headquartered in the Tysons Corner area since …

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March 12, 2018

MicroStrategy Spurns D.C., Elects to Keep HQ in Tysons Corner

MicroStrategy (NASDAQ: MSTR) is staying in Tysons Corner after the business intelligence company signed an extension for its 237,240-square-foot headquarters at 1850 Towers Crescent Plaza in Vienna, VA. Headquartered in the Tysons Corner area since …

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March 11, 2018

Johnson Appointed EVP, CFO at DiamondRock Hospitality

Jay Johnson has made the jump from one leading Bethesda, MD-based hospitality REIT to another after the former senior vice president and treasurer of Host Hotels & Resorts (NYSE: HST) accepted an offer to join DiamondRock Hospitality Co. (NYSE: DRH) as…

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March 11, 2018

Johnson Appointed EVP, CFO at DiamondRock Hospitality

Jay Johnson has made the jump from one leading Bethesda, MD-based hospitality REIT to another after the former senior vice president and treasurer of Host Hotels & Resorts (NYSE: HST) accepted an offer to join DiamondRock Hospitality Co. (NYSE: DRH) a…

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March 9, 2018

FCP Taps Ward to Help Drive Southeast Expansion

Federal Capital Partners (FCP) has promoted Jason Ward to senior vice president of the firm’s Southeast regional team. The appointment comes as FCP looks to expand its investment holdings in the Carolinas, Atlanta and Nashville, where Ward will sour…

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March 9, 2018

EastBanc to Develop 176-Unit Apt. Bldg. Next to Scottish Rite Center

A former surface parking lot next to the Scottish Rite Center in downtown Washington, D.C. is being repositioned for apartments. Local real estate development company Eastbanc will break ground in early 2019 on the 176-unit multifamily building set…

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March 7, 2018

Walker & Dunlop Launches Dedicated Structured Finance Group

Chris Harris Credit: Walker & Dunlop Walker & Dunlop Inc. (NYSE: WD) announced today that it has formed Walker & Dunlop Structured Finance, a specialized unit that will focus on sourcing and placing structured finance capital, including joint venture …

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March 7, 2018

Walker & Dunlop Launches Dedicated Structured Finance Group

Chris Harris Credit: Walker & Dunlop Walker & Dunlop Inc. (NYSE: WD) announced today that it has formed Walker & Dunlop Structured Finance, a dedicated team of specialists that will focus on sourcing and placing structured finance capital. The new …

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March 7, 2018

Sotherly Hotels Completes $80 Million Purchase of Hyatt Centric Arlington

Sotherly Hotels (NASDAQ: SOHO) has closed on its previously announced purchase of the Hyatt Centric Arlington, paying $79.7 million, or roughly $251,000 per key, for the Rosslyn hotel. The national hospitality company out of Williamsburg, VA entered…

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March 7, 2018

Northstar Commercial Partners to Build $100 Million Data Center in Northern Virginia

A Denver-based real estate company has been chosen to develop and own a $100 million data center project in northern Virginia for one of the biggest companies in the U.S. Northstar Commercial Partners will build 400,000 square feet in two buildings …

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