Stage, art-deco façade, and marquee of The Cal will live on in a new 15-story apartment building.

Block-wide 600K SF trophy two blocks from White House is valued at $500M.

It could also lead to a prolonged period of elevated cap rates.

RealPage cites a strong month, with pace moderating as expected.

Upward pressure on pricing has eased, according to an MRI Software report.

But it's unclear whether any additional help beyond already existing funds will be forthcoming.

Realterm's latest fund draws new interest.

Over time, leasing volume may not reach its recent highs as more firms look to have greater space efficiency.