Brookfield Asset Management has secured a $435 million commercial mortgage-backed securities refinancing for Tysons Galleria, marking a significant vote of confidence in the Northern Virginia luxury mall's performance despite broader retail headwinds.
U.S. commercial real estate prices advanced across major property types over the past year, with office buildings posting the strongest gains despite broader market headwinds.
Newmark said it promoted Jeff Mayer to senior managing director and national practice leader for hospitality, gaming and leisure, as the company looks to expand its valuation and advisory services geared to those property categories.
Commercial real estate sales volume in the Washington, D.C., region fell in 2025 compared to 2024, driven by a decline in multifamily sales. However, a bounce-back year for office and industrial sales helped soften the blow.
Avison Young expanded its industrial services team with the addition of Ronan Remandaban as principal and Jesse Miranda as vice president in Chicago. The brokerage said it will advise clients in areas including acquisitions, development, site selection and procurement of electric power as Avison Young seeks to broaden its Midwest services geared to infrastructure, advanced manufacturing and related industrial property categories.
A long-vacant office building in Alexandria, Virginia, is slated to be transformed into hundreds of affordable residential units with support from tech giant Amazon.
After years of dominating hyperscale data center development, Loudoun County, Virginia, may be ceding the crown to counties farther south in the Washington, D.C., region.
A cafe chain popular in the nation's capital is set to open its next location in the city while eyeing additional markets to expand to later this year.
An affiliate of Douglas Development Corp. acquired a downtown Washington, D.C., office building about a year after a lender acquired the asset in a foreclosure, continuing a run of investments, including in distressed assets, it has made in the past year.
A globe-shaped entertainment venue planned near Washington, D.C., is expected to help boost entertainment revenue in an area that's anticipating a decline in tax dollars from the expected relocation of an NFL team and the shuttering of a nearby amusement park.
The Washington Commanders and global design firm HKS unveiled the first conceptual renderings of a proposed National Football League stadium for the team in Washington, D.C., that show it's a callback to its former home field.
National office developer BXP is ramping up plans to offload some properties in order to free up the capital necessary to replace them with more attractive assets as demand and valuations for office buildings rise.
