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Washington D.C.


The District, Woodvale Apartments Change Hands as D.C.’s Apartment Market Heats Up

The District, Woodvale Apartments Change Hands as D.C.’s Apartment Market Heats Up

Apartments in the Washington, D.C. metro area are selling fast and for a lot of money. Just this past month, investors paid close to one billion dollars for properties totaling around 3,500 units.…

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450-Unit Silver Spring Apartment Community Sells to JBG

450-Unit Silver Spring Apartment Community Sells to JBG

The JBG Companies, a Chevy Chase-based private real estate development firm that develops, owns and manages office, residential, hotel and retail properties, has acquired the Falkland Chase apartments, a prominent apartment community in downtown Silver Spring. Home Properties of Rochester was the seller.…

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Akridge, Mitsui Fudosan America Celebrate Groundbreaking of 168,000 SF D.C. Office Building

Akridge, Mitsui Fudosan America Celebrate Groundbreaking of 168,000 SF D.C. Office Building

Akridge, a full service real estate firm, and Mitsui Fudosan America, the U.S. subsidiary of Mitsui Fudosan Co., Ltd., Japan's largest publicly quoted real estate company, celebrated the groundbreaking of a new trophy-class office project at 1200 Seventeenth Street on March 26. Mitsui Fudosan America's CEO, Yukio Yoshida, Pillsbury…

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Campus Apartments, Howard University to Develop $107M Student Housing Project

Campus Apartments, Howard University to Develop $107M Student Housing Project

Campus Apartments, LLC, the oldest and one of the largest privately held student housing companies in the nation, announced on March 19 it will develop two new on-campus residential facilities for the Howard University. The project has an estimated cost of $107 million and is expected to energize the southeast…

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Monday Properties, Goldman Obtain $200M Construction Loan for 1812 N. Moore St.

Monday Properties, Goldman Obtain $200M Construction Loan for 1812 N. Moore St.

Monday Properties and Goldman Sachs’ Real Estate Principal Investment Area have closed a $200 million construction loan with Pacific Life Insurance Company for 1812 North Moore Street. The 390-foot building will be the tallest and greenest office tower in the Washington, DC region.…

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Insight Prepares to Add TODs Valued at $153M to DC Area

Insight Prepares to Add TODs Valued at $153M to DC Area

Insight Property Group announced on Monday it recently started work on two major transit-oriented apartment projects in the Washington, DC area. The Arlington, Virginia-based multifamily developer also said it is nearing completion on a third project. The total cost of these three projects is $153 million.…

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Renaissance Washington Completes $30M Hotel Renovation Project

Renaissance Washington Completes $30M Hotel Renovation Project

The Renaissance Washington, DC Downtown Hotel, has finished a $30 million renovation project of its rooms and suites. Renaissance Hotels is a lifestyle brand within the Marriott International, Inc.…

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Washington REIT Hires Cassidy Turley to Sell Region’s Largest Institutional-Quality Medical Office Portfolio

Washington REIT Hires Cassidy Turley to Sell Region’s Largest Institutional-Quality Medical Office Portfolio

The Washington Real Estate Investment Trust (WRIT) has recently selected Cassidy Turley to sell its 1.3 million square foot medical office portfolio in the Washington, D.C. region. The Cassidy Turley team that will market the portfolio is formed of Paul Collins, Bill Collins, Jud Ryan, Drew Flood and James Cassidy.…

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Rock Creek Property Group Buys Properties Gospel Rescue Ministries-Owned Buildings, Plans Redevelopment

Rock Creek Property Group Buys Properties Gospel Rescue Ministries-Owned Buildings, Plans Redevelopment

Rock Creek Property Group, a commercial real estate investment company founded in 2002, has announced on February 12 the acquisition of two adjacent buildings in the heart of Washington, DC’s Gallery Place/Chinatown neighborhood.…

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Developers Break Ground on 310-Unit Apartment Project in Silver Spring

Developers Break Ground on 310-Unit Apartment Project in Silver Spring

Insight Property Group LLC of Arlington, VA, and Chevy Chase-based Nova-Habitat LLC held a ceremony on February 5 to celebrate the groundbreaking of Fenwick Station, a six-story, 310-unit apartment development in downtown Silver Spring. Neighborhood leaders and Montgomery County officials were also present at the event. The new development is…

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901 New York Avenue Awarded LEED Gold Certification

901 New York Avenue Awarded LEED Gold Certification

The 901 New York Avenue office building, a skyscraper located at 901 New York Avenue, NW, in Washington, DC, has earned LEED-EB Gold Certification. The property is co-owned by Boston Properties and an institutional client advised by J.P. Morgan Asset Management. Boston Properties developed the 11-story Class A office building…

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Mill Creek Starts Construction on 360-Unit Alexandria Apartment Community

Mill Creek Starts Construction on 360-Unit Alexandria Apartment Community

Mill Creek Residential Trust LLC has started construction on a 360-unit apartment community in Alexandria, Virginia. It is developing the project as part of a joint venture with AEW Capital Management and the original land owners represented by Green City Development. The transit-friendly, mixed-use multifamily community is called Landmark Gateway. It…

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