MCLEAN, VA-Locally headquartered Sunrise Senior Living's Sunrise Senior Living REIT plans to snap up tour senior housing properties for $85 million. Sunrise already manages the properties and will continue to do so under Sunrise REIT's ownership.
WASHINGTON, DC-Madison Retail Group is tapped to handle the leasing up of the 120,000-sf retail segment at the Portals, a three-million-sf mixed-use project that will also ultimately include 2.5 million sf of office space.
WASHINGTON, DC-Madison Retail Group is tapped to handle the leasing up of the 120,000-sf retail segment at the Portals, a three-million-sf mixed-use project that will also ultimately include 2.5 million sf of office space.
ROCKVILLE, MD-The recently redeveloped office building at 6003 Executive Blvd. welcomes a new tenant, as the Constella Group moves into its new 40,200-sf home. The professional health services provider is consolidating its Silver Spring and Bethesda, MD, offices in to the space.
WASHINGTON, DC-The yet-to-be completed office building at 1101 New York Ave. NW reaches a 70% preleased occupancy level. Law firm LeBoeuf, Lamb, Greene & MacRae LLP commits to 113,000 sf of space at the 393,600-sf trophy property.
WASHINGTON, DC-The US House of Representatives passes the Federal Housing Finance Reform Act of 2005, leaving housing organizations frustrated with a particular housing grant clause. It garners accolades from mortgage bankers pleased with plans to overhaul government-sponsored enterprises Fannie Mae and Freddie Mac.
WASHINGTON, DC-In its just published three-year economic forecast update, the Mortgage Bankers Association reveals its estimation that the country will see economic growth of approximately 3.5% through 2008. Single-family housing will continue its role as a chief contributor.
HYATTSVILLE, MD-Development of Metro at Mosaic moves forward with the groundbreaking of the 234-unit apartment community. The project is part of a greater transit-based, mixed-use development that will occupy a 22-acre parcel at the Prince George's Plaza Metro.