Washington Business Journal An affiliate of lender Peachtree Group has taken the 247-room Holiday Inn Express hotel in Washington, D.C., through foreclosure. The Atlanta lender had provided $83 million of financing against the property, developed in 2022 at 317 K ...
BisNow JPMorgan Chase Bank has taken title to the Foundry, a 256,000-square-foot office property in Washington, D.C., through foreclosure. The bank had provided $58 million of financing against the property, at 1055 Thomas Jefferson St. NW, in 2014 to facilitate ...
Washington Business Journal The Commodity Futures Trading Commission, or CFTC, has signed a lease for 147,050 square feet at Patriots Plaza II, a 484,087-sf office property in Washington, D.C. The government agency is relocating from the 288,000 sf it occupies ...
BisNow The Lanes, a 110-unit apartment property at 400 Florida Ave. NE in the Union Market section of Washington, D.C., will be offered for sale at a May 23 foreclosure auction. Alex Cooper Auctioneers is overseeing the sale. Ranger Properties ...
Commercial Real Estate Direct Staff Report The 120,215-square-foot office building at 717 14th St. in Washington, D.C., was appraised recently at a value of $10.5 million. That's down 81 percent from the $56 million value pegged to it 10 years ...
BisNow Bridge Investment Group has provided a $40 million loan against the 395-room Marriott Fairview Park Hotel in Falls Church, Va. Berkadia arranged the financing. Lakewood Hotel Group owns the property, at 3111 Fairview Park Drive, about 15 miles west ...
Commercial Observer KeyBank has provided $26.2 million of Freddie Mac financing against the Franklin Apartments, an age-restricted property with 185 units in Takoma Park, Md., about seven miles north of Washington, D.C. The Washington Housing Initiative Impact Pool also provided ...
Terreno Realty Corp. has paid $84.3 million for a four-building industrial property at 6584-6674 Fleet Drive in the Washington, D.C., suburb of Alexandria, Va. The Bellevue, Wash., investor bought the 357,000-square-foot property from an undisclosed seller. The property, about two ...
Commercial Real Estate Direct Staff Report KKR & Co. Inc. has taken control of Chevy Chase Plaza, a 161,515-square-foot office property in the Friendship Heights section of Washington, D.C., through a deed-in-lieu of foreclosure. The New York investor had assumed ...
The last remaining asset in the collateral pool of a 2008 CMBS deal has been liquidated, resulting in another $33.72 million of losses to the trust. The asset, the 145,291-square-foot office building at 255 Rockville Pike in Rockville, Md., was ...
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