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Washington, D.C. Commercial Real Estate News

Can the Property Tax Code Improve D.C.’s Public Schools? 

A tax break for resident school-age children would boost family housing and diversify schools....

An Uncertain Year Lies Ahead for Washington, D.C. 

For at least the coming year, Washington’s landlords and investors are likely to endure a period of flat activity as circumstances converge to create a paralyzing fog of uncertainty....

UDR Makes $154M JV Acquisition in Washington, D.C. 

UDR has made another Washington D.C. multifamily acquisition. ...

Brandywine Forms Venture with Allstate Subsidiary to Acquire Office Buildings in D.C. 

Brandywine Realty Trust forms a joint venture with Current Creek Investments on D.C. properties....

Thomas Properties Group Announces $128.7M Sale 

Thomas Properties Group sells a Northern Virginia asset while The Rockefeller Group and MENY acquired a Washington D.C. tower....

Federal Agencies May Be Forced to Reduce Their Footprints 

One ramification of federal budget tightening may be a reduction in the amount of space agencies currently inhabit....

Property Taxation Runs Amok in the District of Columbia 

Real estate taxes, which are based on assessor opinions, are the only subjectively determined taxes on the planet. ...

$43.3 Million Recapitalization Paves Way for Renovation of Senior Apartment Community in D.C. 

Jair Lynch Development Partners has closed on a $43.3 million recapitalization of Paul Laurence Dunbar Apartments, a 171-unit rental community for seniors, in Washington, D.C. ...

City Review: Despite Headwinds, Washington, D.C. Office Market Continues to Shine 

The Washington, D.C. office market experienced a “phenomenal” year in 2010, in the words of Ernest Jarvis, senior vice president of First Potomac Realty Trust. ...

PCCP Provides $23.2 Million Loan to Acquire and Redevelop Office Condo in Washington, D.C.  

A $23.2 million senior loan commitment from PCCP LLC (formerly Pacific Coast Capital Partners LLC) has paved the way for the acquisition and redevelopment of 2055 L Street NW, an office condominium located in Washington, D.C.’s central business district (CBD)....

Camden Breaks Ground on 276-Unit Luxury Apartment Development in Washington, D.C. 

Camden Property Trust (NYSE: CPT), through its Multifamily Value Add Fund, has broken ground on its first development project located in the District of Columbia. ...

Moves to Cut Budget Deficit Could Hurt D.C. Office Market 

Washington, D.C. has become a favored target for institutional investors, including sovereign wealth funds, pension funds, real estate investment trusts and insurance companies. ...

D.C., Nevada Top National LEED List  

The District of Columbia leads the nation on the U.S. Green Building Council (USGBC)’s latest list of top 10 states for LEED-certified commercial and institutional green buildings per capita. ...

Apartment Portfolio in Metro Washington, D.C. Sells for $460 Million in Mega Deal 

CBRE Report: Office Rents Hit Bottom in Some U.S. Markets 

The decline in office rents appears to be leveling off in a number of major U.S. cities. ...

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Photo Galleries

Hudson Yards Development

http://nreionline.com/photo_gallery/hudson_yardsCheck out images for Coach's new global headquarters, which will anchor the initial tower of the Eastern Rail Yards site within the 26-acre mixed-use Hudson Yards Development on Manhattan's far West Side.

Outstanding Women in Commercial Real Estate

From housing low-income families in Southern California to closing some of Manhattan's largest office leases, women leaders are using commercial real estate as a platform to reshape communities while they drive investor returns.

Click here to view more photo galleries.

Videos

2012 MBA CREF/Multifamily Housing Convention & Expo Video Blogs

http://nreionline.com/video/mba2012_thumbnail.jpgCheck out the Vlogs from the 2012 MBA CREF/Multifamily Housing Convention & Expo from JLL...

 

Click here to view more videos.


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