Bisnow A venture of Jair Lynch Real Estate Partners and the California State Teachers' Retirement System has broken ground on a 129-unit seniors-housing project in Washington, D.C. The development, at 218 Vine St. NW in the district's Takoma neighborhood, will...
Bisnow Carr Properties has agreed to sell a 49 percent stake in Washington, D.C.,'s Midtown Center, in a deal that values the 869,000-square-foot office building at $980 million, or $1,128/sf. The Washington company will retain the remaining interest in the...
Real Estate NJ DNA Motoring has signed a lease to fully occupy a 300,700-square-foot industrial property that's under construction in Florence, N.J. Black Creek Group is developing the building, at 839 Railroad Ave., which is set to open in the...
Commercial Observer Rubenstein Mortgage Capital has provided $42 million of financing against the 206,000-square-foot office building at 1801 L St. NW in Washington, D.C. The loan allowed the property's owner, a group of families in the Washington area, to retire...
Commercial Observer MetLife Investment Management has provided $80.5 million of financing against the 338-unit Solaire 8250 apartment property in Silver Spring, Md., about six miles from Washington, D.C. Washington Property Co. will use the 10-year, fixed-rate loan to retire construction...
Washington Business Journal BMW has agreed to open a 75,000-square-foot distribution center in Baltimore. The auto maker plans on using the 35-acre development site to house vehicles that are manufactured in Mexico and Europe. The property will be part of...
Bisnow Old City Development Group is close to finishing work on the Adora mixed-use project in Washington, D.C. The five-story property, at 1827 Wiltberger St. NW, will have 36,000 square feet of retail and office space on the first three...
Baltimore Business Journal Stonehill Strategic Capital has acquired the 202-room Kimpton Hotel Monaco Inner Harbor in Baltimore for $12 million at a recent foreclosure auction. Alex Cooper Auctioneers conducted the auction. InterContinental Hotels Group previously had owned the property, which...
Philadelphia Business Journal PMC Property Group is developing the Riverwalk mixed-use project in Philadelphia's Logan Square neighborhood. The property will consist of a 291-unit apartment building at 60 North 23rd St. and a 321-unit structure at 2301 John F. Kennedy...
Washington Business Journal The 381,074-square-foot office building at 1350 I St. in Washington, D.C., is scheduled to be sold at a March 10 foreclosure auction. Harvey West Auctioneers of Chevy Chase, Md., is handling the auction, which requires a $2...
