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Washington D.C.


Ralph Dweck Buys Arlington’s Gramercy at Metropolitan Park for $190M

Ralph Dweck Buys Arlington’s Gramercy at Metropolitan Park for $190M

Ralph Dweck Properties has acquired a large apartment community in Arlington. The District-based real estate owner paid an impressive $190 million to buy The Gramercy at Metropolitan Park from Clarion Partners.…

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Dragone Realty Investments Buys 727-Unit Prince George’s County Apartment Community

Dragone Realty Investments Buys 727-Unit Prince George’s County Apartment Community

In its recently released Washington, D.C. Apartment Market Report for the first quarter of the year, Marcus & Millichap said that the excellent demographics and steady rent growth have motivated investors to search through the region for available multifamily assets. One such investor is Dragone Realty Investments. Earlier this year,…

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TODAY’S DEALS: Security Properties Finds TOD Value Along D.C.’s Silver Line Expansion

TODAY’S DEALS: Security Properties Finds TOD Value Along D.C.’s Silver Line Expansion

Security Properties completes a $31 million buy in Northern Virginia; a joint venture kicks off an apartment redevelopment play in D.C.; and Grandbridge arranges three Nevada multifamily loans. …

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Nation’s First-Ever Crowdfunded Real Estate Project Opens in Washington, D.C.

Nation’s First-Ever Crowdfunded Real Estate Project Opens in Washington, D.C.

The country’s first ever crowdfunded real estate project has opened this month in Washington, D.C. Called Maketto, it is a 6,000-square-foot communal food and retail market, located at 1351 H Street NE, in the city’s H Street Corridor.…

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Hartman Design Group Makes Statement at The Perry

Hartman Design Group Makes Statement at The Perry

Catering to a broad, mixed-generational demographic, The Perry is the first luxury rental to be constructed in Potomac. Its north building will open in June 2015.…

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Two More D.C. Office Properties Change Hands

Two More D.C. Office Properties Change Hands

Two more D.C.-area office properties have changed hands this month.…

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MRP Realty, Rockpoint Group Sell Wisconsin Towers at Bethesda Crossing

MRP Realty, Rockpoint Group Sell Wisconsin Towers at Bethesda Crossing

A pair of downtown Bethesda office towers are now under new ownership. The two are part of the three-building Bethesda Crossing office complex.…

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Monument Realty to Build New NAB HQ Next Spring

Monument Realty to Build New NAB HQ Next Spring

The National Association of Broadcasters is moving its headquarters to D.C.’s Capitol Riverfront neighborhood. NAB has recently reached an agreement with local developer Monument Realty and its investment partner, the New York-based Angelo, Gordon & Company, to purchase upon completion a new office building at One M Street. The move-in…

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TODAY’S DEALS: Greysteel Refinances D.C. Portfolio

TODAY’S DEALS: Greysteel Refinances D.C. Portfolio

The Greysteel Co. arranges a $21.5 million portfolio refinance via a conduit lender; Northland acquires its 21st property in Florida; and Eastern Union and Investors Bank facilitate $22.5 million for the purchase of a Bronx, N.Y., landmark. …

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Grosvenor Americas, McCaffery Interests Unveil F1RST Mixed-Use Project on Capitol Riverfront

Grosvenor Americas, McCaffery Interests Unveil F1RST Mixed-Use Project on Capitol Riverfront

On Wednesday, April 8, Grosvenor Americas and its partner, McCaffery Interests, celebrated the official groundbreaking for a major mixed-use development at the Capitol Riverfront, in southeast D.C. At the ceremony, the developers also unveiled the name of the new project: F1RST.…

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Pair of Multibillion-Dollar Projects Gets Formal Launch

Pair of Multibillion-Dollar Projects Gets Formal Launch

By Adrian Maties, Associate Editor   Maryland Day was marked this March 25 by milestones for two projects with a potentially significant impact on the state’s economy. In Lusby, a groundbreaking ceremony formally launched the $3.8 billion expansion of the Cove Point liquefied natural gas facility, one of the largest…

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PREIT Buys Springfield Town Center for $465M

PREIT Buys Springfield Town Center for $465M

Pennsylvania Real Estate Investment Trust has finally completed its planned acquisition of the Springfield Town Center in Springfield, Virginia. The newly-redeveloped property changed hands for an impressive $465 million. Vornado Realty Trust was the seller.…

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