Posted on 3/30/21
Encouraging Return to the Office Requires Focus on Employee Needs
As landlords begin retrofitting HVAC systems, implement cleaning protocols and enact other tenant wellness and safety measures to encourage a return to the office, it is . . .
Posted on 3/26/21
Fannie Mae Prices $715 Million Green Multifamily DUS REMIC (FNA 2021-M1G) Under Its GeMS Program
Fannie Mae (OTCQB: FNMA) priced a $715 million Green Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures program on March 23, 2021. FNA 2021-M1G . . .
Posted on 3/26/21
Corporate Office Properties Trust (OFC) Presents At Citi Virtual CEO Global Property Conference - Slideshow
The following slide deck was published by Corporate Office Properties Trust in conjunction with this event. READ FULL ARTICLE HERE
Posted on 3/26/21
WeWork to Become Publicly Traded Via SPAC Merger with BowX Acquisition Corp.
MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--WeWork, the leading flexible space provider, and BowX Acquisition Corp. (NASDAQ: BOWX, BOWXU and BOWXW), a special purpose acquisition company, . . .
Posted on 3/26/21
Leonardo DRS Pushes Pause on IPO
Arlington-based Leonardo DRS Inc., a subsidiary of Italian defense contractor Leonardo SpA, is hitting the brakes on its initial public offering, its parent company announced Wednesday. . . .
Posted on 3/26/21
Data Center Air Systems Manufacturer Announces $36M Plant in Botetourt
Munters Group AB, a Sweden-based manufacturer of air treatment and cooling systems for data centers and other industrial applications, will invest $36 million to relocate its . . .
Posted on 3/26/21
McDonald’s in Brooklyn Closes
The McDonald’s at 101 W. Patapsco Ave. closed in recent months. The McDonald’s was located in a BP Gas Station that also fronts Rt. 2/Potee St.A . . .
Posted on 3/26/21
South Point Unlikely to Open its Waterfront Bar this Summer
It is unlikely South Point, Port Covington’s seasonal outdoor pop-up bar at West Covington Park, will open for the second straight year. South Point, which was . . .
Posted on 3/26/21
Martick’s Building Goes on the Auction Block as Redevelopment Plan Falters
A piece of Baltimore history is going up for sale – and an ambitious Westside redevelopment project appears to be going off the drawing board – . . .
Posted on 3/25/21
Rappaport, WC Smith Announce First Wave of Restaurants for Skyland Town Center
DC-area based establishments will offer exciting new dining options for Wards 7 & 8 Rappaport and WC Smith announced today the signing of five new restaurant . . .
Posted on 3/25/21
Tenebris Fiber, Diode Ventures and JLC Infrastructure Begin Development on Dark Fiber Route in Northern Virginia
FAIRFAX, Va.--(BUSINESS WIRE)--Tenebris Fiber, a dark fiber provider in Virginia, has partnered with JLC Infrastructure (JLC), an infrastructure investor and asset management firm, and Diode Ventures, . . .
Posted on 3/25/21
Freddie Mac Prices $301 Million Sustainability Bonds Offering of Guaranteed Tax-Exempt ML Certificates
MCLEAN, Va., March 25, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of credit risk transfer securities backed by Tax-Exempt Loans . . .
Posted on 3/25/21
Bally's Selected As A Finalist In Bid To Develop And Operate A Casino Resort In Richmond, Virginia
The "Bally's Richmond Casino Resort," a proposed $650 million world-class destination resort, hotel and casino, was selected today as one of three finalists by the City . . .
Posted on 3/25/21
Brandywine Selected as Master Developer for Next Phase of Discovery District Development
Terrapin Development Company (TDC), in partnership with the University of Maryland College Park, has entered into an exclusive development agreement with Brandywine Realty Trust (NYSE: BDN) . . .
Posted on 3/25/21
CPACE Cuts Financing Costs, Boosts Sustainability of CRE Projects
At the former Port City Press building in Pikesville, Garver Development Group has leveraged a novel financing tool, CPACE, to both improve the financials of a . . .
Posted on 3/24/21
SpaceLink Establishes DC-Area Headquarters
Game-changing satellite relay service to operate from popular Tysons Corner addressSpaceLink, a company that is redrawing the map of space connectivity, today announced it has established . . .
Posted on 3/24/21
Berkadia Arranges $48 Million Sale and Finance of Virginia Affordable Housing Portfolio
Drew White, Mitch Sinberg and Matthew RobbinsBerkadia announces it has arranged the sale and financing of a three-property, 452-unit portfolio of affordable multifamily properties located in . . .
Posted on 3/24/21
Richmond-Area Leases Completed by Cushman & Wakefield | Thalhimer
Cushman & Wakefield | Thalhimer recent Richmond, Virginia area lease transactions:Napa Kitchen & Wine leased 6,778 square feet of retail space at Westchester Commons, 15786 Wc . . .
Posted on 3/24/21
BayPort Credit Union Opens Three New Branch Locations
BayPort Credit Union announced the opening of three new branch locations. As part of the credit union's continued commitment to convenience and service to members, the . . .
Posted on 3/24/21
Capital Square 1031 Acquires 280-Unit Multifamily Community in Virginia's Hampton Roads Region
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today the acquisition of Streets of . . .
Posted on 3/24/21
Choice Hotels And Cambria Hotels Brand Honored With 2020 HSMAI Adrian Awards For Excellence In Travel Marketing
Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, along with its upscale Cambria Hotels brand, were honored in the 64th annual . . .
Posted on 3/24/21
Pathfinder Partners Completes $23 Million Sale of Avalon Apartments
SAN DIEGO--(BUSINESS WIRE)--Pathfinder Partners, a San Diego-based private equity firm specializing in multifamily real estate investments, today announced the sale of Avalon Apartments for $23 million. Avalon, . . .
Posted on 3/24/21
Merritt Properties Acquires Former General Motors Facility in Baltimore County
Baltimore, Maryland, March 24, 2021 (GLOBE NEWSWIRE) -- Merritt Properties, a Baltimore-based full-service commercial real estate development company with more than 17 million square feet throughout . . .
Posted on 3/24/21
WhyHotel Announces New Pop-Up Hotels in Miami and D.C.
WhyHotel, a hospitality platform and operator, today announced that Miami and D.C. will be the latest hosts for its signature pop-up hotel model. WhyHotel Midtown Miami . . .
Posted on 3/24/21
Hartland Sells 35 Acres To Old Farm Winery At Hartland
Hartland, a residential property site in Loudoun County, has announced the sale of 35 acres to Old Farm Winery
