Washington D.C.

Joint Venture Breaks Ground on Phase One of DC Community

MRP Realty and Florida Rock Properties celebrated the official groundbreaking of Phase One of the mixed-use Riverfront development.

District Picks Redbrick LMD-Gragg Cardona Team as Master Developer for Phase 1 of St. Elizabeths East Campus

In one of his final acts as mayor of Washington, D.C., Vincent Gray has selected the team of Redbrick LMD and Gragg Cardona to redevelop the first phase of the historic St. Elizabeths East Campus. The selection represents an important step forward for a project which could help transform one of the poorest sections of the nation’s capital.

Washington, D.C., Apartment Market Podcast

Pierce Eislen’s Ron Brock Sr. and MHN’s Research Editor Jack Kern discuss Washington, D.C., apartment market fundamentals in this edition of our market research podcast hosted by Senior Associate Editor Mike Ratliff.

JBG Teams with STRS Ohio on Arlington County Mixed-Use Development

The JBG Cos. has entered into a joint venture partnership with the State Teachers Retirement System of Ohio to develop Central Place, a 31-story, mixed-use development in Roslyn, Va.

Inland American Buys Alexandria’s Lorien Hotel & Spa for $45M

Inland American Real Estate Trust, Inc. has announced this week the acquisition of its tenth hotel property in 2013. Through its subsidiary, Inland American Lodging Group, Inc., the company has purchased the Lorien Hotel & Spa in Alexandria, Virginia. It paid approximately $45 million for the property.