Commercial Real Estate Direct Staff Report Online education company 2U Inc. has filed for bankruptcy and rejected its lease for its headquarters space at the 309,303-square-foot office building at 7900 Harkins Road in the Washington, D.C., suburb of Lanham, Md. ...
A venture of DSC Partners and Harbert Management Corp. has bought the Forbes Center, a 785,000-square-foot office and industrial complex in Lanham, Md., for $86.4 million, or about $110.06/sf. The venture purchased the 17-building property from BECO Management of Rockville, ...
Washington Business Journal A venture of DSC Partners and Harbert Management Corp. has bought the Forbes Center, a 785,000-square-foot office and industrial complex in Lanham, Md., for $86.4 million, or about $110.06/sf. The venture purchased the 17-building property from BECO ...
Multi-Housing News Greystone has provided $20 million of Fannie Mae financing against the 322-unit Del Vista Apartments in Lanham, Md., about 13 miles northeast of Washington, D.C. The loan was used to retire an $18.9 million Fannie mortgage. Del Vista, ...
Citigroup has provided a $54 million mortgage to facilitate the purchase. A piece of which will be included in an upcoming securitization. The 10-year loan carries a 4.45 percent coupon. It requires only interest payments for three years, after which ...
The property had backed a $67.8 million loan that was securitized through LB-UBS Commercial Mortgage Trust, 2008-C1, and had defaulted soon after its then-tenant, Computer Sciences Corp., vacated the 12-story building. It had occupied some 275,000 sf under a lease ...
89 percent leased.
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