BETHESDA, MD-Having just recently closed on $125 million in financing deals for six Washington, DC area shopping centers, Phillips Realty Capital maintains a heavy involvement in the region's thriving retail market.
RICHMOND, VA-Eager investors can get in on the ground floor of a new real estate investment fund launched by Queenswood Partners LP. The fund will focus on properties that range in price from $1 million to $5 million.
MCLEAN, VA-Dan Lasik, a mover and shaker in the real estate hospitality services industry, becomes the national director of Ernst & Young's Hospitality & Leisure services through a recent appointment.
WASHINGTON, DC-The Heurich House comes home, as the Heurich Foundation re-acquires the historic 16,000-sf mansion and carriage house for $5.5 million from the Historical Society of Washington, DC.
WASHINGTON, DC-A poll conducted on behalf of the National Low Income Housing Coalition concludes that 57% of likely Democrat and Republican voters see the availability of affordable housing in the US as an issue that should take precedence over tax cuts.
WASHINGTON, DC-Law firm Powell Goldstein Frazer & Murphy LLP seals the deal on its new digs by signing off on the preleasing of 85,000 sf at 901 New York Ave., a new class A office tower that is proving to be quite popular among the Washington, DC legal set.
MCLEAN, VA-Sunrise Senior Living Inc. closes the books on a $311 million sale/long-term manage back transaction with investors counseled by Chicago-headquartered Macquarie Capital Partners LLC.
ROSSLYN, VA-Washington, DC-based developer Holladay Corp. gets the thumbs up to build a 124-unit apartment structure at 1800 Wilson Blvd. The project will cost $31 million and is expected to reach completion in the spring of 2005.
WASHINGTON, DC-Working on behalf of one of its clients, American Realty Advisors invests in the office property at 2033 K St. The 120,000-sf building has an assessed value of $27.7 million.