Regions Midatlantic | Washington DC
Corus, Lehman Bros. Make D.C. Loans
May 15, 2008
Corus Bank closed a $72 million loan to MR BP Office #1 L.L.C. to finance the construction of a nine-story Class A office building located at 55 M Street SE in Washington, D.C.
Arent Fox to Relocate D.C. Office
May 15, 2008
Arent Fox L.L.P. has announced that it will relocate its Washington, D.C., office to 1000 Connecticut Ave. upon the expiration of its current lease in 2012.
$2B Fund to Capitalize on Transitioning RE Market
May 13, 2008
A new private equity fund, CDC Real Estate Opportunity Fund I, has been established to capitalize on certain advantageous circumstances that may arise in the market as a result of the credit crunch.
JPG Takes 2 Bethesda Office Buildings for $80M
May 08, 2008
The JBG Cos. has bought two North Bethesda, Md., properties for $80 million. Together, the class A buildings contain 346,000 square feet. The are located on the Rockville Pike near the Montgomery Mall.
GSA Renews Lease in Virginia
May 07, 2008
Lerner Enterprises of North Bethesda, Md., has announced that is has secured a lease renewal for 236,000 square feet with the General Services Administration (GSA) on behalf of the Department of Defense at 400 Army Navy Drive in Arlington (Pentagon City), Va.
D.C. Office Building Trades in $76M Deal
May 02, 2008
A 152,500-square-foot office building in Washington, D.C., has come under new ownership, courtesy of a transaction valued at $76 million. Sumitomo Corp. of America took the fully-leased debt-free property off the hands of The Bernstein Cos.
Mayfield Gentry Nabs D.C. Office
May 01, 2008
Mayfield Gentry Realty Advisors has agreed to purchase an 82,000-square-foot office building on K Street in Washington, D.C.
JV Secures $53M Loan for Washington, D.C. Mixed-Use Development
May 01, 2008
The joint venture of Canyon-Johnson Urban Fund and Donatelli Development has secured a $53 million construction loan with Citi Community Capital for Park Place, a ground-up, transit-oriented development comprised of 161 residential units and town homes, and community-serving retail in the Columbia Heights/Petworth submarket in northwest Washington, D.C.
Fisher House Apartments Restoration Unveiled
April 29, 2008
The Arlington Partnership for Affordable Housing, the Virginia Housing Development Authority, Arlington County and Enterprise Community Investment, Inc. has announced the grand opening of Fisher House apartments, a complex for individuals and families earning 60 percent or less of area median income in Arlington, Va.
$217M Construction Loan for Virginia Mixed-Use
April 25, 2008
Global equity firm The Carlyle Group and developers Cypress Equities and Kettler have received a $217 million construction loan that paves the way for the building of The Village at Leesburg in Leesburg, Va.
J Street, Woodmark to Merge
April 22, 2008
The J Street Cos. and J Street Development have reached a merger agreement in principle with the Woodmark Cos., according to a J Street release.
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