A real estate investment trust sold a 319-unit apartment complex located in a Virginia suburb of Washington, D.C., as the multifamily market of the metropolitan area has possibly entered a slowdown.
Government-controlled finance giants posted strong multifamily loan production gains in 2025, signaling renewed investor confidence in commercial real estate as both agencies prepare to expand lending again in 2026.
A trophy office tower in Bethesda, Maryland, has reached full lease-up, in a sign of continued strong demand for newer, transit-oriented workplaces rich with amenities.
CBRE said it expanded its retail-focused services in Las Vegas with the hiring of Dan Hubbard as a senior vice president and Fernando Martinez-Reding as a senior associate. Hubbard joined the firm from Cushman & Wakefield, where he served as managing director and led Hubbard Retail Advisors within Cushman.
Brookfield Asset Management has secured a $435 million commercial mortgage-backed securities refinancing for Tysons Galleria, marking a significant vote of confidence in the Northern Virginia luxury mall's performance despite broader retail headwinds.
U.S. commercial real estate prices advanced across major property types over the past year, with office buildings posting the strongest gains despite broader market headwinds.
Newmark said it promoted Jeff Mayer to senior managing director and national practice leader for hospitality, gaming and leisure, as the company looks to expand its valuation and advisory services geared to those property categories.
Commercial real estate sales volume in the Washington, D.C., region fell in 2025 compared to 2024, driven by a decline in multifamily sales. However, a bounce-back year for office and industrial sales helped soften the blow.
Avison Young expanded its industrial services team with the addition of Ronan Remandaban as principal and Jesse Miranda as vice president in Chicago. The brokerage said it will advise clients in areas including acquisitions, development, site selection and procurement of electric power as Avison Young seeks to broaden its Midwest services geared to infrastructure, advanced manufacturing and related industrial property categories.
A long-vacant office building in Alexandria, Virginia, is slated to be transformed into hundreds of affordable residential units with support from tech giant Amazon.
