Washington D.C.
Hines Snaps Up Office Building Duo in North Bethesda
Hines recently acquired two office buildings in North Bethesda, totaling in excess of 345,000 square feet, with plans for major capital improvements.
Dominion Cove Point Plans Patuxent Warehouse and Office
While expanding its operations in the area, Dominion purchased land in the Patuxent Business Park with plans to build a 50,000-square-foot warehouse/office space.
Trump International Hotel in D.C. to Open September 2016
Donald Trump hopes to celebrate on Pennsylvania Avenue this fall, as the Trump International Hotel in D.C. is set to open before the January 2017 inauguration.
Hersha-Cindat $571M Hotel Deal to Involve 1031 Exchanges
Hersha’s sale of seven Manhattan hotels, totaling almost 1,100 rooms, to the Chinese firm is a strategic move for the hospitality company.
BridgeStreet Launches Mode Aparthotel Brand in D.C.
A new concept for the serviced apartment sector is coming to the United States, with the first Mode Aparthotel arriving in D.C.’s DuPont Circle.
HFF Leads $135M Refi for D.C. Trophy Office Building
A joint venture between Hines and Sarofim Realty Advisors secured the 10-year loan to refinance 700 11th St. N.W., in Washington, D.C., Williams & Connolly’s global headquarters.
Avison Young to Manage Major Medical Office Portfolio
Avison Young’s property management presence is growing in the D.C. area with its selection by Harrison Street Real Estate Capital to manage a 1.5 million-square-foot medical office building portfolio.
Greysteel’s John Mullen Climbs the Corporate Ladder
In his current position at Greysteel, Mullen will oversee large private capital and institutional transactions, while also focusing on new responsibilities concerning the Los Angeles scene.
New Alliance to Serve Hotel Sector’s Capital Market Needs
Interstate Hotels & Resorts has formed a strategic alliance with Hospitality Funding to better serve its clients pursuing hotel projects.
CFIRE Report Details Energy Project Financing Options
The new report provides recommendations for financing energy-efficiency and renewable-energy projects.