HEBRON, MD-Porter Mill was able to use its raw land as collateral in a loan when an earlier loan fell through. The project would have as many as 2,400 residential units.
ROCKVILLE, MD-The additions are the fifth and sixth retail properties to the JV's portfolio. A center in Fairfax, VA was acquired for $25.1 million, while another was added into the deal.
MCLEAN, VA-Wells Fargo plans to leverage Reilly's national platform to expand into permanent debt, multifamily lending. The multifamily finance firm will become part of Wells Fargo Wholesale Banking's Specialized Financial Services Group.
MCLEAN, VA-JER will acquire $75 million of convertible preferred securities from Aviv to finance the acquisition of triple-net leased healthcare facilities.
WASHINGTON, DC-The developer's first project in the District--a spec office building--is expected to rent in the high $40s. The 12-story site will have 240,000 sf of rentable space.
WASHINGTON, DC-The developer's first project in the District--a spec office building--is expected to rent in the high $40s. The 12-story site will have 240,000 sf of rentable space.
BETHESDA, MD-The JV now has a potential $1 billion in debt and equity to invest. One possible use for the funds is further investment in the three remaining phases of North Bethesda Center.
BETHESDA, MD-The JV now has a potential $1 billion in debt and equity to invest. One possible use for the funds is further investment in the three remaining phases of North Bethesda Center.
ARLINGTON, VA-The former CEO of MeriStar Hospitality is announcing plans to form a new firm this week, GlobeSt.com has learned. CapStar Hotel Co. will acquire and develop premium-branded, select-service hotels.