WASHINGTON, DC-Audit costs have not declined as MBA had hoped. It is now throwing its support behind the Compete Act introduced last week. It is designed to open the door to future discussions on the matter.
MCLEAN, VA-JER Partners plans to acquire Jameson Inns Inc. for $371 million. Jameson will be operated as a privately held independent company by Longhouse Hospitality.
MCLEAN, VA-JER Partners plans to acquire Jameson Inns Inc. for $371 million. Jameson will be operated as a privately held independent company by Longhouse Hospitality.
WASHINGTON, DC-In one possible scenario, several million sf of commercial development would include a few higher-end Big-Box retailers. The Anacostia Waterfront Corp. is considering two possibilities for the neighborhood near the stadium project.
HAGERSTOWN, MD-Rust-Oleum takes 100,000 sf of industrial space at Hagerstown Distribution Center. BPG Properties acquired the previously vacant property last January.
ARLINGTON, VA-The Dallas-based hospitality REIT expects the hotel to benefit from increasing demand in the DC market. Ashford plans to invest $13 million over the next year renovating all of the guestrooms
ARLINGTON, VA-The Dallas-based hospitality REIT expects the hotel to benefit from increasing demand in the DC market. Ashford plans to invest $13 million over the next year renovating all of the guestrooms
WASHINGTON, DC-According to the Mortgage Bankers Association, $345 billion in commercial/multifamily loans closed in 2005. That represents a 49.9% increase over the previous year.
GREENBELT, MD-A joint venture of the Bozzuto Group and Fannie Mae buys a multifamily portfolio for $98 million. It is the eleventh joint venture acquisition the pair has completed.
ROCKVILLE, MD-WRIT takes title to a pair of neighborhood shopping centers here. The REIT plans to renovate the mixed-use properties to improve occupancy.