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MetLife Pays $244 Million for Majority Stake in Boro Station
The Meridian Group has sold a 95 percent stake in the Boro Station in Tysons Corner to MetLife Investment Management for $244 million - the third office sale in the Washington, D.C. market this year to surpass the $200 million mark. Meridian paid...

Cooper Carry Hires First Chief Growth Officer
Pictured: Ray Bouley, chief growth officer of Cooper Carry.The movement by consumer goods companies to replace marketing executives with chief growth officers is expected to soon make its way to the B2B world. Cooper Carry, an architecture firm with...

CoStar Market Insights: Is the Timing Right For Multifamily Value-Add in the D.C. Metro?
This cycle, value-add multifamily deals have been an investor favorite in the Washington D.C. metropolitan area. The appeal of a value-add investment - a strategy of generating untapped revenue potential by fixing or upgrading a property - is multifaceted...

Walker & Dunlop Staying in Growth Mode
Pictured: Kris Mikkelsen, COO and managing director of Walker & Dunlop's investment sales platform.Real estate finance shop Walker & Dunlop, which added to its fledgling investment sales and asset management platforms in recent weeks, is expected to stay...

CoStar Market Insights: Office Conversions - D.C.'s New Frontier?
Continued office construction and a flight to quality by tenants in the Washington, D.C. metropolitan area has left many older, 3-Star office buildings underutilized, with landlords struggling to find tenants. With tenants across the metro, including...

Special Announcement: CoStar Power Broker Award Winners Named in Washington, D.C.
The top-performing commercial real estate firms and brokers in Washington, D.C. in 2017 were recognized as winners of the annual CoStar Power Broker Awards. Now in its 17th year, the awards recognize those who perform at the highest levels in commercial...

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 suburban...

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 Hyatt Hotels Corp.Host Hotels & Resorts (NYSE: HST) completed a $1 billion hotel portfolio buy from Hyatt Hotels Corp. (NYSE: H)...

Monday Properties Snaps Up Fully Leased Office Bldg. in Alexandria
Monday Properties acquired a fully leased office building in Alexandria, VA, as the company continues to build out a substantial portfolio in Northern Virginia. The real estate investment firm out of New York City paid $37.8 million, or about $262...

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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