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Washington D.C.


Thrive Senior Living Breaks Ground on The Tribute at Heritage Village

Thrive Senior Living Breaks Ground on The Tribute at Heritage Village

Thrive Senior Living plans to construct several senior living communities in the Washington, D.C. metropolitan area. The Atlanta-based developer is working on the projects together with Harrison Street Real Estate Capital, an industry leader in senior housing investment, and Palomino Capital, a Dallas-based venture specializing in platform-based growth investments. On…

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Finmarc Management Acquires Two-Building, 150,000-SF Office Portfolio in Alexandria for $31.5M

Finmarc Management Acquires Two-Building, 150,000-SF Office Portfolio in Alexandria for $31.5M

Finmarc Management, Inc. continues its expansion in Northern Virginia with the acquisition of a two-building office portfolio in Alexandria. The Bethesda-based commercial real estate company paid $31.5 million to buy Waterfront Center I and II from Gates Hudson.…

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The JCR Cos. Buys Retail Space at Lorton Station Town Center for $13.8M

The JCR Cos. Buys Retail Space at Lorton Station Town Center for $13.8M

The JCR Companies continues to expand its D.C. area retail portfolio. Shortly after scooping up a 2,710-square-foot retail building housing Cork & Fork, in the heart of the thriving 14th Street corridor, the real estate investment firm has acquired 51,800 square feet of retail space at Lorton Station Town Center.…

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1788 Holdings, Persimmon Capital Partners to Redefine Luxury Condo Living in D.C. with The Lauren

1788 Holdings, Persimmon Capital Partners to Redefine Luxury Condo Living in D.C. with The Lauren

Another luxury condo development has broken ground in the Washington, D.C. area. Called The Lauren Residences, it will deliver 40 condominiums to downtown Bethesda in the early spring of 2016. 1788 Holdings and Persimmon Capital Partners are the project’s developers. With The Lauren, they plan to ”redefine Washington, DC’s concept…

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First Potomac Realty Trust Improves D.C.-Area Office, Business Park Portfolio

First Potomac Realty Trust Improves D.C.-Area Office, Business Park Portfolio

First Potomac Realty Trust is improving its portfolio of office and business park properties in the greater Washington, D.C. region. The real estate investment trust has recently paid $41 million for a Class-A office building in Reston, while selling its Corporate Campus in Ashburn for the exact same sum, in…

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D.C.’s First Hyatt Place Hotel Opens in NoMa

D.C.’s First Hyatt Place Hotel Opens in NoMa

Just a month after the opening of D.C.’s first Cambria Hotel & Suites, in the historic Shaw neighborhood, the District is saying ”hello” to another important hotel brand. Hyatt Hotels Corporation, The JBG Companies and Crescent Hotels & Resorts have announced last week the opening of the city’s first Hyatt…

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Proskauer, Albright Stonebridge Expand in D.C.

Proskauer, Albright Stonebridge Expand in D.C.

Two international firms are expanding their presence in Washington, D.C. Global law firm Proskauer and the Albright Stonebridge Group, an international strategy consulting firm founded in 2001 by Madeleine Albright, have recently signed two leases totaling over 80,000 square feet of office space.…

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MGM Resorts International Hires Whiting-Turner as General Contractor for $1B MGM National Harbor Project

MGM Resorts International Hires Whiting-Turner as General Contractor for $1B MGM National Harbor Project

MGM Resorts International is one of the world's leading global hospitality companies and the developer of the MGM National Harbor, a nearly $1 billion gaming resort located in National Harbor, the waterfront development on the shores of the Potomac River. On June 24, the company announced it has hired Whiting-Turner…

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Erickson Living Starts Work on New Construction Projects at Ashby Ponds

Erickson Living Starts Work on New Construction Projects at Ashby Ponds

By Adrian Maties, Associate Editor Erickson Living is expanding its Ashby Ponds retirement community in Ashburn, Va. On June 24, the company announced the start of construction on a new independent living residential building and a new clubhouse. The total cost of the expansion project is more than $22 million.…

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JV Pays $70M for Historic South Cathedral Mansions Apartments, with Plans to Start Renovation This Fall

JV Pays $70M for Historic South Cathedral Mansions Apartments, with Plans to Start Renovation This Fall

South Cathedral Mansions is a landmark apartment building located 2900 Connecticut Avenue, NW, in D.C.’s Woodley Park neighborhood. It was constructed in 1922 by the iconic team of Harry Wardman and Mihran Mesrobian and is currently included in both the National Register of Historic Places and the D.C. Inventory of…

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CBRE, Maastricht University Rank Washington, D.C., as 10th Greenest U.S. City

CBRE, Maastricht University Rank Washington, D.C., as 10th Greenest U.S. City

Washington, D.C. is working hard to become one of the greenest cities in the United States and in the world. And its efforts seem to be paying off. Recently, CBRE Group, Inc. and Maastricht University, a public university in Maastricht, the Netherlands, have released the 2014 Green Building Adoption Index,…

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TIAA-CREF Closes Second Deal with JBG This Month, Buying The Woodley

TIAA-CREF Closes Second Deal with JBG This Month, Buying The Woodley

The JBG Companies and TIAA-CREF are doing business again. At the start of the month, JBG sold the The Louis at 14th/U, a residential and retail development located in the heart of the U Street Corridor-Logan Circle neighborhood, to the financial services firm. Now, the Chevy Chase-based company has closed…

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