RICHMOND, VA-The new owners are planning to improve performance through aggressive management and capital upgrades.

GAITHERSBURG, MD-Montgomery County acquires it under first right of refusal in order to keep the senior facility an affordable housing option.

SUITLAND, MD-The new owner will be investing up to $8,000 per unit in capital improvements.

WASHINGTON, DC-A JV between Western Development Co. and Capmark Finance acquired the mall in March for $84 million.

Although there are no hard numbers, industry players agree the number of JVs formed to acquire hotels is increasing. Hotels are still considered a lucrative asset class, despite rumblings the market cycle may be peaking.

CHANTILLY, VA-With a Northrop Grumman subsidiary occupying much of the park, the new owners are not worried about lease turnover.

BALTIMORE-The new managing director expects to add at least five real estate specialists to the local team.

WASHINGTON, DC-With the acquisition of this 108,000-sf, 87.9%-leased building, the buyer now owns three buildings on K Street.