Wall Street on the Potomac
With federal scrutiny and funding for big banks at a peak, has the financial capital shifted to Washington?...
Running Into A Wall
Shortage of tax-credit investors threatens low-income housing development...
TALF Program Hits Headwinds
Can Fed's efforts stabilize pricing and jump-start the commercial securities market by year's end?...
Mark-to-Market Rule Will be Hot Topic in Washington This Week
A congressional subcommittee has scheduled a hearing Thursday on the federal government’s mark-to-market accounting rule, which has become a flashpoint for many commercial real estate investors....
DC Office Vacancies on the Rise
Thanks to some 21 million sq. ft. of new office construction underway, the Washington, D.C. market will see higher vacancies in the months ahead, according to a newly released ...
New Study Slams Proposed Tax Hike
The latest assault in the heated battle over legislation that could double taxes on real estate partnerships and private equity firms comes in the form...
Voters Trump Court on Eminent Domain
The November elections shook Washington, D.C. because they caused the first power shift in more than a decade. Less noticed but equally seismic was the fact that voters in state after state rejected laissez-faire federal rules on the use of government power to seize private property for development....
Busy Quarter For Duke Realty
Duke Realty (DRE) posted an active first quarter of buying and selling activity....
Green Grumblings
A new green building proposal in Washington, D.C., has many developers on edge. While green ordinances are nothing new, D.C.'s Bill 16-515, if enacted,...
Harbor Magic Spreads In City of Firsts
On the former site of oil storage tanks in East Baltimore, a 17-story tower rises at the center of what will be a sprawling $1 billion project to include...
Capital City Office Building Lures Big Bucks
Another Washington, D.C., office building has hit the market and fetched a robust, nine-digit sum. Chicago-based office REIT Trizec Properties (TRZ) bought 1200 K Street, N.W. for $190 million last week. The 389,000 sq. ft. property was sold by a group of unidentified private investors. Tenant firm Pension Benefit Guaranty Corp. leases 385,000 sq. ft. of the space through 2018....
Finally, An Uptick in Office Rents
Office landlords got some welcome relief in the first quarter, when average rents nationally rose by 0.7% to hit $20.25 per sq. ft., up from $20.11 per...
