Inside The Cell Therapeutics Plant Kicking Off AstraZeneca's $3.5B U.S. Push
The life sciences sector is facing headwinds around the country and particularly in Montgomery County, Maryland, an industry hub anchored by federal health agencies that are now seeing their funding slashed. But private sector companies like AstraZeneca...
This Week's D.C. Deal Sheet: Office-To-Affordable Housing Conversion Lands $51M In Falls Church
Conifer Realty has secured $51M to convert a former Inova Health System office building to 80 units of affordable housing.
Six Flags To Close Maryland Theme Park, Offer 500 Acres For Redevelopment
The ride is nearly over for the Six Flags America and Hurricane Harbor amusement park in Prince George's County, Maryland.
The Cost-Saving Methods Affordable Developers Are Using To Make Projects Pencil
Development of any kind is an uphill battle right now, and affordable housing is one of the steepest climbs. But some developers are finding creative ways to cut costs and make projects pencil against all odds, panelists said last week at Bisnow’s...
Trader Joe's Ramps Up Pace Of Store Openings
Trader Joe’s has plans for rapid expansion this year in a mission to stock even more shelves with their private-label tortilla chips and frozen Mandarin orange chicken.
Mayor Bowser Proposes Boost To Housing Fund Despite Budget Concerns
After diverting money last year from a fund that typically produces affordable housing to instead stabilize struggling properties, D.C.'s mayor is now looking to return to funding new developments.
Metropolis Capital, AMA Financial Merge, To Open Offices In New Markets
Capital markets firms Metropolis Capital Advisors and AMA Financial announced a merger Wednesday, with ambitions to double their combined transaction volume over the next three years to more than $2B annually, Bisnow can first report.
JBG Smith Looks To Sell More Apartments Amid 'Anemic' Office Market
For years, JBG Smith has been shifting its portfolio from office to multifamily as it concentrates its holdings in the National Landing neighborhood around Amazon HQ2. But now, the REIT is pressing pause on selling office properties amid the sector's...
The Wharf's Developers Sell Their Stake At $1.8B Valuation
The developers that brought a 3.5M SF mixed-use project to D.C.'s waterfront have sold their interest in the property.