Legacy By Grace

DC

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

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,

D.C.-area investors snap up portfolio of 200-plus Baltimore houses, apartment buildings Read More »

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

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

Coronavirus hasn’t slowed D.C.-area development. Here’s a look at the largest projects pitched since the pandemic hit.

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

Coronavirus hasn’t slowed D.C.-area development. Here’s a look at the largest projects pitched since the pandemic hit. Read More »

Bozzuto sees strong rent collection at its luxury apartments, eyes future growth

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

Bozzuto sees strong rent collection at its luxury apartments, eyes future growth Read More »

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

Where Washington ranks among nation’s most valuable cities Read More »