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June 30, 2025
JBG Smith sells DC apartment complex for big number as it focuses on Northern Virginia
JBG Smith sold an apartment building in Washington, D.C.'s West End for $186 million as the real estate investment trust looks to concentrate its portfolio in Northern Virginia.
June 27, 2025
Mint House completes metamorphosis of DC office building to hospitality property
A historic office building in downtown Washington, D.C., has been converted into 85 high-end, hotel-style apartments for executives, as national residential hospitality company Mint House added another property to the locations it operates.
June 27, 2025
Blackstone acquires nearly $2 billion of commercial real estate loans
Blackstone is further building its portfolio of commercial real estate loans, adding a $2 billion portfolio from Atlantic Union Bank as part of the bank's acquisition of Sandy Spring Bank out of suburban Washington, D.C.
June 27, 2025
New owners of DC office building aim to attract defense-industry tenants
An eight-story office complex in Washington, D.C.'s Navy Yard neighborhood sold to an ownership team that is counting on sustained demand for workspaces that serve military contractors and defense industry companies.
June 27, 2025
Tenant retreat reduces commercial property values
Falling tenant demand for commercial space drove down property values in May, setting up the second quarter to be an extension of the first as lower tenancy holds back prices even as buyers return to the market.
June 27, 2025
Standard Communities hires finance veteran to grow affordable housing group
National multifamily developer Standard Communities has tapped a former JPMorgan Chase executive to lead a group focused on leveraging low-income housing tax credit financing to construct affordable housing projects.
June 26, 2025
Loan on CNN's DC headquarters heads to special servicing; Roof issue threatens office loan; High interest rates hit loan churn rates
This week's column focuses on issues with a loan backing CNN's headquarters in Washington, D.C., and a loan tied to a Mississippi building with a roof issue. It also examines a decline in so-called churn rates for pools of debt known as collateralized loan obligations. Click "read more" to read the whole column.
June 26, 2025
Electrical contractor leases proposed warehouse in Chantilly, Virginia
An electrical contractor has signed a deal to fully lease a proposed warehouse in Chantilly, Virginia, though it subsequently put more than half of the property up for sublease.
June 26, 2025
Dental association signs lease for new DC headquarters
The American Dental Education Association has signed a lease to move its headquarters to Washington, D.C.
June 25, 2025
Federal housing agency to leave DC for Northern Virginia
The U.S. Department of Housing and Urban Development plans to leave its longtime headquarters in Washington, D.C., for an office building across the Potomac River in Virginia, as the federal government looks for more ways to cut real estate costs.
June 25, 2025
Military parade drives hotel revenue growth across DC area
The U.S. Army's 250th anniversary military parade, held on Saturday, June 14, in the nation's capital, was a multimillion-dollar celebration of the nation's armed forces. It featured horses, tanks, military aircraft, armored vehicles and over 6,000 soldiers. While formal attendance numbers have yet to be released, media sources estimate the event may have drawn as many as 200,000 spectators to Washington, D.C.
June 25, 2025
Less, but better: Inside URW’s US mall strategy
Global mall owner Unibail-Rodamco-Westfield showed up in Las Vegas for the biggest conference of the U.S. retail real estate industry, but it didn't have a booth competing for attention on the crowded floor of the city's cavernous convention center.
June 23, 2025
JBG Smith nabs discounted portfolio for first office purchase outside National Landing in over a decade
JBG Smith has acquired a discounted three-property portfolio in the Tysons area of Northern Virginia for its first office investment outside of National Landing in over a decade, with plans to convert one of the buildings for residential use.
June 23, 2025
Tysons, Virginia, office buildings trade hands in receivership sale
A Colorado-based real estate investment company acquired a pair of office buildings in a sought-after area of Northern Virginia through a $57.1 million, court-appointed receivership sale.
June 20, 2025
DC's Wharf nets $1.2 billion in refinancing to grow waterfront project
The Wharf mixed-use project in Washington, D.C., has closed on a $1.15 billion refinancing deal — one of the largest such transactions in the city's history — that positions the landmark project for new growth, the group that oversees the property said.
June 20, 2025
Experience management company secures office space in Northern Virginia
A company that works in customer and employee experience management said it executed a lease in the Tysons area of Northern Virginia and will invest $2 million to establish its East Coast corporate headquarters in the space.
June 18, 2025
New York is the exception as hotel buyers pull back across the Northeast
When assessed in aggregate, hotel sales in the large urban markets in the Northeast U.S. declined by 6% year to date in 2025 compared to the same period last year.
June 18, 2025
Next phase of 500-unit affordable housing project kicks off in DC
Gilbane Development held a ceremonial groundbreaking on the next phase of an affordable housing project that's designed to bring more than 500 new apartments to the Washington Highlands neighborhood in Southeast Washington, D.C.
June 18, 2025
Construction starts for multifamily projects drop as economic uncertainty lingers
U.S. multifamily construction starts dropped sharply in May as the industry copes with economic and tariff uncertainty, as well as elevated interest rates. Even so, permits rose, offering the sector what one trade group considers a positive sign.
June 17, 2025
The office recovery is at last underway, but it's still not widespread
The pace of office occupancy losses has slowed dramatically over the past 12 months, and surging leasing activity indicates that the long-awaited recovery is at last underway.

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