August 30, 2018
Micron’s 576,000-square-foot plant located 40 miles outside Washington, D.C., in Manassas, Virginia. Micron Technology pledged to make one of the largest manufacturing investments in the history of Virginia with a $3 billion capital investment to ex…
Read MoreAugust 30, 2018
For two weeks, the sale of the Ballston Place apartment complex in Arlington, Virginia, stood as the largest multifamily transaction in the Washington, D.C., market in 2018. Its short-lived reign just ended. Harbor Group International, a real estate…
Read MoreAugust 29, 2018
A New York-based real estate developer has acquired a 486-unit apartment complex in Lanham, Maryland, for nearly $84 million, citing the area’s promising market fundamentals aided by major employment drivers the University of Maryland and downtown Wash…
Read MoreAugust 28, 2018
The J. Edgar Hoover Building in Washington, D.C. The Trump Administration may have misled Congress about the full cost of rebuilding and potentially relocating the FBI headquarters that’s now located near the Trump International Hotel in Washington,…
Read MoreAugust 28, 2018
James Mitchell (left) and Erin Rice join Cushman & Wakefield’s automotive advisory group.Cushman & Wakefield has hired a pair of retail automotive industry veterans to its capital markets platform as the company looks to expand its automotive real esta…
Read MoreAugust 28, 2018
Joe Friedman, partner and regional director, will lead Edge’s investment sales platform in Washington, D.C. Regional commercial real estate firm Edge Commercial Real Estate is opening a new office in Washington, D.C., as the company looks to grow its …
Read MoreAugust 27, 2018
One of Safety, Income & Growth’s recent ground lease investments involved the ground underneath The Madison office complex in Phoenix. A real estate investment trust called Safety, Income & Growth Inc. over the past month has closed on five new grou…
Read MoreAugust 27, 2018
An affiliate of Los Angeles-based hotel real estate advisory and investment firm Integrated Capital secured a $16 million short-term senior loan for the refinancing of the Sheraton Silver Spring Hotel in Silver Spring, Maryland. The 229-room, 16-f…
Read MoreAugust 27, 2018
The banking industry is strengthening but must position itself to be resilient through economic cycles, according to Jelena McWilliams, chairwoman of the Federal Deposit Insurance Corp.Image source: FDIC Despite talk of peaking property prices and d…
Read MoreAugust 23, 2018
Hotel Chicago in Marina City. The bidding war heating up over the portfolio of LaSalle Hotel Properties, which has a new offer from rival real estate investment trust Pebblebrook Hotel Trust that’s higher than a Blackstone Group bid, reflects a new …
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