JBG Smith sells DC apartment complex for big number as it focuses on Northern Virginia
REIT continues shift to offloading multifamily properties as office market struggles
JBG Smith sold an apartment building in Washington, D.C.'s West End for $186 million as the real estate investment trust looks to concentrate its portfolio in Northern Virginia.
Mint House completes metamorphosis of DC office building to hospitality property
Boutique apartment hotel brand opens location four blocks from White House
A historic office building in downtown Washington, D.C., has been converted into 85 high-end, hotel-style apartments for executives, as national residential hospitality company Min...
New owners of DC office building aim to attract defense-industry tenants
Garfield Investments, Broad Creek Capital acquire 300 M St. in city's Navy Yard neighborhood
An eight-story office complex in Washington, D.C.'s Navy Yard neighborhood sold to an ownership team that is counting on sustained demand for workspaces that serve military contrac...
Standard Communities hires finance veteran to grow affordable housing group
Caitlin Gossens joins national multifamily developer as head of capital markets for its new construction team
National multifamily developer Standard Communities has tapped a former JPMorgan Chase executive to lead a group focused on leveraging low-income housing tax credit financing to co...
Rising demand and falling supply give boost to US multifamily sector
High mortgage rates, cost of homeownership fuel apartment market, real estate firms say
Rising demand for rental units and a drop in apartment construction are creating solid fundamentals for the second half of the year in the U.S. multifamily market, especially as si...
Federal housing agency to leave DC for Northern Virginia
US Department of Housing and Urban Development to coordinate 'staggered' move to Alexandria
The U.S. Department of Housing and Urban Development plans to leave its longtime headquarters in Washington, D.C., for an office building across the Potomac River in Virginia, as t...
JBG Smith nabs discounted portfolio for first office purchase outside National Landing in over a decade
REIT buys three properties in Tysons area for less than a third of last sales price
JBG Smith has acquired a discounted three-property portfolio in the Tysons area of Northern Virginia for its first office investment outside of National Landing in over a decade, w...
Tysons, Virginia, office buildings trade hands in receivership sale
The portfolio deal marks a price drop from the last transaction
A Colorado-based real estate investment company acquired a pair of office buildings in a sought-after area of Northern Virginia through a $57.1 million, court-appointed receivershi...
DC's Wharf nets $1.2 billion in refinancing to grow waterfront project
Deal comes two months after property's Canadian pension fund owner bought out partners at massive development
The Wharf mixed-use project in Washington, D.C., has closed on a $1.15 billion refinancing deal — one of the largest such transactions in the city's history — that positions the la...
Experience management company secures office space in Northern Virginia
Medallia plans to open East Coast headquarters at Tysons Tower in McLean this year
A company that works in customer and employee experience management said it executed a lease in the Tysons area of Northern Virginia and will invest $2 million to establish its Eas...
Fed maintains key interest rate, still forecasts two cuts this year
Central bank sticks with target range of 4.25% to 4.5%
The U.S. Federal Reserve is keeping its benchmark lending rate the same, once again rejecting political demands to lower borrowing costs while predicting it would make at least two...
Next phase of 500-unit affordable housing project kicks off in DC
New buildings at Barnaby & 7th project expected to open next year
Gilbane Development held a ceremonial groundbreaking on the next phase of an affordable housing project that's designed to bring more than 500 new apartments to the Washington High...
National Association of Home Builders picks veteran to chair its multifamily council
Group taps NRP Group’s Debra Guerrero for leadership role
The National Association of Home Builders, one of the largest trade associations in the United States, has named a new chair for its multifamily council as apartment developers fac...
USAA purchases larger office building in southeast Virginia for regional relocation
Financial services group plans to hire more than 500 employees over next two years
A financial services and insurance company that serves members of the U.S. military and their families purchased an office building in Virginia's Hampton Roads area where it plans ...
Investor buys industrial portfolio in Maryland, plans to lower properties' carbon outputs
Purchase follows state building energy standards that took effect this month
A climate-focused investment group has purchased five industrial properties in Maryland with plans to reduce the amount of carbon they emit following new state energy standards tha...
Former substation in DC’s Navy Yard to become experiential corporate events venue
Social Supply to renovate building, add mezzanine space
A one-time electrical substation near Nationals Park and a military installation in Southeast Washington, D.C., is set to transform into a corporate events venue.
Gray Capital kicks off multifamily fund to invest in nation's top region for rent growth
Investment group aims to acquire $500 million worth of Midwest apartments
An Indianapolis-based investment firm has launched a multifamily fund to buy apartments in the nation's top region for rent growth.
Carr Properties sheds more DC office space amid JPMorgan redemption
Locally based developer cashes out of 901 K St. NW
An affiliate of Washington, D.C.-based developer Carr Properties sold the office portion of a downtown building to an investment company in the latest sell-off for the firm in rece...
Notre Dame opens downtown DC office to expand access to political players
Location to serve as 'hub for federal engagement,' university says
A major research university that has its main campus in Indiana has opened a new office near the White House in Washington, D.C., as it looks to expand its presence in the nation's...
Upscale events venue planned near Amazon's Northern Virginia headquarters
Meeting space set to debut in January at 2011 Crystal Drive in National Landing
An upscale meeting and events venue is being cued up in an office building that's undergoing a large-scale renovation near Amazon's Northern Virginia headquarters.