Monday, March 3, 2025

Tag: Washington DC

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...
Lanes at Union Market

Ranger Properties’ The Lanes at Union Market in Washington DC Sold at Auction for...

Silver Spring, Maryland-based HH Fund bought Ranger Properties’ 110-unit project The Lanes at Union Market in the Union Market neighborhood of Washington, D.C., for $38.3...
Ridgecrest Apartments

NewPoint Sponsored Fund Provides $13.3M in 501(c)(3) Tax-Exempt Bond Financing for Ridgecrest Apartments Phase...

NewPoint Impact Fund I (the “Fund”) has provided $13.3 million in 501(c)(3) bond financing to facilitate the acquisition, rehabilitation, and recapitalization of Ridgecrest Apartments...
The Edmonson

DCHFA Finances 139 Affordable Apartments in the Second Phase of Development of The Edmonson...

The District of Columbia Housing Finance Agency (DCHFA) issued $61.1 million in tax exempt bonds and underwrote $52 million in federal Low Income Housing...
The Argonne

CIM Group Sells 276-unit The Argonne Apartment Building in Washington DC

CIM Group has sold The Argonne, a 276-unit apartment building in Washington, D.C., which was acquired in 2013. Terms of the sale were not...
The Iris

DCHA, MRP Realty, CSG Urban Partners, and Taylor Adams Associates Announce Opening of The...

Construction of The Iris, which includes 86 affordable units, is near completion at the former site of the DCHA headquarters at 1133 North Capitol...

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