WASHINGTON, DC-In a unanimous decision, the Supreme Court dismisses the challenge to Ohio's tax incentive regime. The court rules that the plaintiffs--a group of taxpayers and local businesses--had not established proper standing.
WASHINGTON, DC-Though a number of real estate-related measures have passed or are about to pass Congress, industry watchers are still wondering about the fate of some others.
WASHINGTON, DC-Though a number of real estate-related measures have passed or are about to pass Congress, industry watchers are still wondering about the fate of some others.
WASHINGTON, DC-The area makes up a considerable portion of the retirement fund's real estate portfolio. Relatively inactive this year, it looks as though TIAA-CREF is poised to make its first acquisition for 2006.
WASHINGTON, DC-The area makes up a considerable portion of the retirement fund's real estate portfolio. Relatively inactive this year, it looks as though TIAA-CREF is poised to make its first acquisition for 2006.
WASHINGTON, DC-The District of Columbia picks up a 38,311-sf office building for $15.3 million. It had been leased to the District's Department of Motor Vehicles.
STERLING, VA-A suburban Virginia mall owner plans to expand the site by an additional 6,184 sf now that $24-million refinancing is secured. The addition is scheduled to be completed early next year.
BETHESDA, MD-Meridian Capital Group's Bethesda office has closed or is in the process of closing $250 million in multifamily deals this year for the area. The firm has one large deal brewing here, GlobeSt.com has learned.
NEEDHAM, MA-Potomac Realty Capital taps Stephen E. Vickery to drive an upcoming CDO and preferred securities market launch and expand the company's nascent servicing initiative. He will also handle other balance sheet building activities.
WASHINGTON, DC-Construction employment sets a record for the 15th straight month, but area real estate developers do not foresee a significant impact on project costs.
