Monday, November 4, 2024

Tag: Washington DC

Bellemeade Farms Apartments

Capital Square Averages 136.42% Total Return* With Recent Sale of Virginia Multifamily DST Property...

Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced today...
Headen Spring

Lincoln Avenue Communities with Headen Spring Development Partner to Create New Affordable Housing Community...

Lincoln Avenue Communities, a mission-driven developer and owner of affordable housing, and Headen Spring Development, LLC, a partnership between Refreshing Spring Church of God...
Modena Reserve

Mesa West Capital Provides AEW with a Combined $114M in Debt to Refinance Senior...

Mesa West Capital has provided AEW Capital Management L.P., (“AEW”) with $114.6 million in first mortgage debt across two loans to refinance senior housing...
University of Maryland

Campus Apartments and Mosaic Development Team Break Ground on $148.75M Housing Project at the...

Campus Apartments, a national leader in the student housing sector, and Mosaic Development Partners (Mosaic), announced they have broken ground on a $148.75M graduate...
True Ground Housing Partners

Arlington Partnership for Affordable Housing Begins New Era as True Ground Housing Partners

Over the past 35 years, the Arlington Partnership for Affordable Housing has evolved to ensure that having a safe place to call home is...
Despite broader economic inflation cooling significantly from pandemic peaks, the shelter inflation index has remained elevated, largely due to how the BLS calculates housing costs.

Why housing costs remain a major hurdle for lowering inflation

Housing inflation continues to be a stubborn impediment to the consumer price index (CPI) falling back to the Federal Reserve’s target. Despite broader economic inflation...
Chase Manor

The Chevy Chase Land Company Sells Site of Former Chase Manor Apartments to Toll...

The Chevy Chase Land Company, a commercial real estate investment and asset management company with properties across the Washington, D.C. metro area, announced the...
Connecticut Avenue

JLL Led the Sales Efforts for the Connecticut Avenue Dupont Circle Office Conversion to...

JLL Capital Markets announced that it has completed the $21.5 million sale of 1201 Connecticut Avenue NW a 190,385-square-foot, Class B office building in Washington,...
Vermeer

Toll Brothers Apartment Living Signs Major Retail Lease at Vermeer, a Luxury Mixed-use Multifamily...

Toll Brothers Apartment Living, the rental division of Toll Brothers, Inc., the nation's leading builder of luxury homes, announced the signing of Gold’s Gym...
Canonbury Square

NewPoint Provides $22.3M in Freddie Mac Workforce Housing Preservation Financing for Maryland Multifamily Communities...

NewPoint Real Estate Capital has provided $22.3 million in Freddie Mac Workforce Housing Preservation financing to NOVO Properties to refinance Tudor Place Apartments and...
Why Johnny can’t build

Why Johnny can’t build

We were once a nation of builders—from the toll roads and canals of the early nineteenth century and the railroads of the second half...
The U.S. Supreme Court justices return to the bench the second week of June to issue opinions in argued cases. The court has somewhere around 28 decisions left to release before it begins its summer recess.

Major U.S. Supreme Court decisions coming down the track MAJOR UPDATE

June 28, 2024 Update: The Supreme Court in an unprecedented victory for multifamily and other businesses, has today reversed its 40-year-old decision in Chevron...
The $10 billion fund from Starwood Capital Group has been trying to preserve its available cash and credit by limiting investor redemptions. In the first quarter, the fund was hit with $1.3 billion in withdrawal requests but satisfied less than $500 million of them, according to regulatory filings.

The incredible disappearing Starwood CRE investor

The $10 billion fund from Starwood Capital Group has been trying to preserve its available cash and credit by limiting investor redemptions. In the...
Rent control still the wrong solution to housing woes

Rent control still the wrong solution to housing woes

Restricting the price of housing kills incentives to supply places to live. Rent control is having something of a moment: In Los Angeles, tenants are...
Viridium

The IDI Group Companies and PTM Partners Secure $60M in Financing for Viridium in...

The IDI Group Companies (IDI), a premier developer of multifamily communities in the Washington, D.C. area, and PTM Partners (PTM), a real estate development...

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