D.C. Reveals Vision For RFK Campus With Up To 6,500 Homes
New details have emerged on what the massive mixed-use development surrounding D.C.’s future football stadium will look like. The city on Tuesday released its draft master plan for the 180-acre campus along the Anacostia River, set to be anchored...
Newmark's D.C. Office Snags Carr Properties Broker As Landlord Rep
Newmark’s D.C. office is beefing up its landlord leasing services. The firm has hired Kaitlyn Rausse, a former Carr Properties leasing executive who took home two recent honors at D.C.'s landmark brokerage awards ceremony, as a senior managing director, Newmark announced...
'The Risks Have Changed': Why Brookfield Is Selling Its D.C.-Area Office Properties
Brookfield paid $150M for a Bethesda office tower in 2011. Last month, it sold for $20M. That sale is one of the latest steps the Canadian investment giant has taken to reduce a footprint it spent two decades building in the nation's capital. Since...
$98M Affordable Senior Housing Breaks Ground: The D.C. Deal Sheet
There are nearly 300 new units of affordable senior housing underway in Prince George’s County. On Thursday, Maryland officials and developers broke ground on Addison Park, which comprises 293 units planned across two four-story buildings at 6181...
Starwood Quietly Reveals Plans For Conversion In Downtown D.C.
Starwood Property Trust is in the midst of transforming a long-vacant D.C. office building into around 270 apartment units, Bisnow has learned, marking the latest in a steady stream of conversions in the city’s downtown.A covenant filed with the D.C....
Federal Board Critiques 'Piecemeal' Approach To Selling D.C. Buildings
The board created by Congress to advise on federal property disposals has a warning for the process in a key corridor in the nation's capital.
REIT's Liquidation Plan Upended After $280M Sale Falls Through
Elme Communities, a multifamily REIT in the process of dissolving, has withdrawn its payout estimate for shareholders after a deal to sell its largest remaining property collapsed.
Virginia Budget Keeps Data Center Tax Breaks, Adds $600M Energy Levy
After an impasse of data center policies nearly caused a government shutdown, Virginia lawmakers have finally passed a state budget that keeps the critical sales and use tax exemption for data centers but adds a new levy on the power they consume.
Redbrick Envisions 160-Room Hotel At Bridge District
A piece of a planned new neighborhood along Anacostia’s waterfront is coming into focus. Developer Redbrick LMD filed plans with the D.C. Zoning Commission last week for a 160-room hotel in the Bridge District, a project along the Anacostia Riverwalk...