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Washington D.C.


D.C. Area Not Lacking in Apartments

D.C. Area Not Lacking in Apartments

In a report released at the end of March, the U.S. Census Bureau said that, between July 1, 2012, and July 1, 2013, the population of the Washington, D.C. metro area increased by 87,265, placing the region at number 5 on the list of Top 10 Metro Areas with the…

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University of Maryland’s $115M Hotel and Conference Center Project Moves Forward

University of Maryland’s $115M Hotel and Conference Center Project Moves Forward

A planned hotel and conference center project at the University of Maryland could transform College Park into a top college town. Recently, this $115 million project has taken an important step towards the start of construction.…

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New Construction Codes to Help D.C. Become Global Sustainability Leader

New Construction Codes to Help D.C. Become Global Sustainability Leader

Washington, D.C. is committed to becoming the greenest and most livable city in the nation, as well as a global leader in sustainability. On Friday, March 28, the city adopted the 2013 D.C. Construction Code. It features some of the most modern, sustainable, and energy- and water-efficient building practices.…

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Pantzer Properties Buys Pentagon City Apartment High-Rise for $101.1M

Pantzer Properties Buys Pentagon City Apartment High-Rise for $101.1M

A high-rise apartment community in the heart of Pentagon City has recently changed hands in one of the D.C. area’s largest residential transactions of the year. Pantzer Properties paid $101.1 million to acquire The Bennington from The Carlyle Group and The Bainbridge Companies. The New York-based firm purchased the property…

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JCR Buys Two Properties in DC Area

JCR Buys Two Properties in DC Area

Last week, The JCR Companies has acquired two properties in the Washington, DC area, adding them to its growing portfolio of urban infill buildings and expanding its reach into the office sector. The two properties are located in Alexandria and in DC’s sought-after Logan Circle neighborhood.…

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China-Based Developer to Build Three-story Office, Data Center in Rockville

China-Based Developer to Build Three-story Office, Data Center in Rockville

A China-based developer plans to start work this May on a new, three-story office and data center in Rockville. The Greencourt Group is the pioneer developer in the suburbs of Shanghai and has developed more than 20 million square feet of commercial and residential property in China over the last…

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PREIT to Purchase Springfield Town Center for $465M

PREIT to Purchase Springfield Town Center for $465M

A large, D.C. area retail property is getting ready to welcome new owners. Pennsylvania Real Estate Investment Trust (PREIT) has announced on March 3, it has entered into an agreement with Vornado Realty Trust to buy the Springfield Town Center in Springfield, Va. The price of the transaction is huge,…

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Kettler to Build Mixed-Use High-Rise in Bethesda, Md.

Kettler to Build Mixed-Use High-Rise in Bethesda, Md.

After closing a construction loan with Helaba, developer Kettler unveils plans for a 101-unit high-rise in Bethesda, Md. …

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Leasing Begins at Eleven55Ripley in Suburban D.C.

Leasing Begins at Eleven55Ripley in Suburban D.C.

Home Properties has started leasing its newly constructed multifamily property, Eleven55Ripley. The asset, which is now the tallest building in Silver Spring, Md., features apartments, townhomes and a public pocket park. …

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Finmarc Management Sells Library of Congress-Occupied Property

Finmarc Management Sells Library of Congress-Occupied Property

Finmarc Management, Inc. has been very busy in the Washington D.C. area this February. The Bethesda-based commercial real estate firm started the month with an over $30 million acquisition and ended it with an over $30 million sale.…

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WRIT Acquires DC Class A Apartments

WRIT Acquires DC Class A Apartments

Washington Real Estate Investment Trust acquires a 12-story, Class A asset in Washington, D.C. …

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JV Plans Mixed-Use Apartment Community for Tysons Corner

JV Plans Mixed-Use Apartment Community for Tysons Corner

The apartment construction boom that that hit the Washington, D.C., metropolitan area is showing no signs of slowing down. If anything, it looks like it’s getting stronger, as developers announce more and more projects with almost every passing week.…

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