DC

This renovated D.C. office building will feature an old-school hands-...

Commercial real estate owners are increasingly looking to harness touch- free technology for their office tenants to help slow the spread of Covid-19, and Marx Realty is no exception. Well, maybe a slight exception when it comes to who’s doing the touching. The New York-based commercial real estate firm has kicked off a $41 million...

D.C. picks Neighborhood Development to build mixed-use at St. Eliza...

Some new residential development will soon be on the way for the St. Elizabeths East campus, this time courtesy of a team led by Neighborhood Development Co. D.C. Mayor Muriel Bowser’s Office of the Deputy Mayor for Planning and Economic Development awarded the latest project on the 160-acre Southeast campus Friday, outlining plans for a...

The 25 hottest neighborhoods for home sales in Greater Washington

We crunched the numbers on 2,644 advertised subdivisions in Greater Washington and ranked them by the increase in median sales price so far this year compared to last year, the decrease in the number of days these houses sat on the market before being sold, and the increase in price per square foot. Marshall Heights...

D.C.-area investors snap up portfolio of 200-plus Baltimore houses,...

A portfolio of more than 250 single- family houses, rowhomes and apartment units spread across nearly 20 Baltimore neighborhoods were sold to Washington, D.C.-area investors. Riparian Capital Partners of Chevy Chase acquired the 272-property portfolio for $22.3 million on Wednesday. It was the group’s first move toward ownership of rental properties in the local market,...

How big is Amazon’s D.C.-area footprint? We set out to map it.

Even outside of Amazon.com Inc.’s HQ2 development, the company’s presence in Greater Washington is quite sprawling. By the end of the year, the second headquarters is expected to have almost 1,600 employees, but Amazon (NASDAQ: AMZN) already has more than 10,000 employees in the region. Roughly 2,500 of those are corporate employees in D.C. and...

Coronavirus hasn’t slowed D.C.-area development. Here’s...

Greater Washington’s development pipeline was jam packed full of big, expensive projects before anyone had ever heard of the coronavirus. But would that enthusiasm endure through a nationwide economic slowdown? Over the last six months or so, the answer to that question has proven to be a tentative “yes.” The pandemic has undoubtedly slowed the...

Bozzuto sees strong rent collection at its luxury apartments, eyes ...

Nearly 100% of residents in the luxury apartment units owned and managed by the Bozzuto Group have paid rent during the Covid- 19 pandemic this year. Toby Bozzuto, CEO of the Greenbelt-based company, said Friday the economic fallout and uncertainty sparked by the novel coronavirus has created a mix of optimism and caution in the...

Deal ofthe Year: Wharf Phase II financing

What does Lenny Kravitz have to do with the biggest private construction loan in D.C. history? More than you might think. The rock star of “Fly Away” and “American Woman” fame might not exactly have been in the trenches negotiating the financing nuances for D.C.’s The Wharf, but his involvement was important, nonetheless. Just ask...

Where Washington ranks among nation’s most valuable cities

Washington, D.C.’s residential real estate, including many new buildings centered around 14th and U streets NW, shown here, is roughly the value of Microsoft Corp. The combined value of Washington, D.C.’s residential real estate puts it well within the top 10 of American cities. That’s one takeaway from LendingTree’s new ranking of most valuable cities, which...