State: District of Columbia - DC

Bisnow Pacific Life has provided a $60 million loan for the development of a 231-unit apartment property at 1020 North Irving St. in the Clarendon section of Arlington, Va. The property is being developed by Orr Partners of Reston, Va., ...

Bisnow Truist Bank has provided a $64 million loan against the 163-unit apartment property at 1111 20th St. NW in Washington, D.C. The property is owned by Willco of Potomac, Md., which will use the financing to retire a $56 ...

Commercial Observer A venture of Carr Properties and Barings has paid $85 million, or $402.84/sf, for the 211,000-square-foot office property at 1401 New York Ave. NW in Washington, D.C. It acquired the property from French bank BNP Paribas, which inherited ...

The Washington, D.C., office market recorded 350 leases for 5.5 million square feet last year, according to Avison Young. That compares with the 560 office leases for 8.9 million sf that were signed the previous year. The slowdown in leasing ...

Commercial Observer MLG Capital has paid $100 million, or $294,117/unit, for the 340-unit PeachTree of McLean apartment property in the Washington, D.C., suburb of Falls Church, Va. The Brookfield, Wis., investment manager bought the property from Erkiletian of Arlington, Va., ...

Commercial Observer Deloitte is subleasing 600,000 square feet of space at the Waterview, a 647,000-square-foot office building in the Washington, D.C., suburb of Rosslyn, Va. Morgan Stanley Real Estate Investing owns the 24-story property, at 1919 North Lynn St., paying ...

Triangle Business Journal Bell Partners Inc. has bought the Pallas at Pike & Rose, a 319-unit apartment building in North Bethesda, Md., for $125 million, or $391,850/unit. The Greensboro, N.C., company purchased the 19-story property from Federal Realty Investment Trust, ...

Commercial Real Estate Direct Staff Report The CMBS trust that holds a $51.85 million loan against the Worldgate Centre in the Washington, D.C., suburb of Herndon, Va., is close to taking title to the 229,326-square-foot retail property. Its owner, Rappaport ...

Commercial Observer Pacific Urban Investors has paid $114 million, or $400,000/unit, for the 285-unit Park Place at Van Dorn apartment property in the Washington, D.C., suburb of Alexandria, Va. The Palo Alto, Calif., investor acquired the property, at 6001 Archstone ...