BALTIMORE-Developers David Phillips and Nathaniel Tower join forces to establish a new retail investment, development and management firm. The private company's focus will be on acquiring under-performing shopping centers and strip malls east of the Mississippi.
BALTIMORE-An unsolicited bid prompts the agency to revisit prospects for the area. The city, which is seeking proposals for a mixed-use project, did not receive any responses to a previous RFP.
MCLEAN, VA-Longhouse refinances a 42-hotel portfolio for $264-million. The JER Partners-controlled group plans to acquire new hotels with the proceeds.
WASHINGTON, DC-Area experts consider whether construction costs are colliding with a softening condo market. Condo projects--particularly conversions--are vulnerable to price increases given the amount of steel, concrete and oil-based products that are used.
WASHINGTON, DC-The city waits to hear who will occupy the Walter Reed building. A final decision is expected be made by May 9. As a result of BRAC, changes will come for the entire Washington/Baltimore region.
WASHINGTON, DC-The city waits to hear who will occupy the Walter Reed building. A final decision is expected be made by May 9. As a result of BRAC, changes will come for the entire Washington/Baltimore region.
WASHINGTON, DC-So far consensus on a long-term solution still eludes both government and industry. Organizations representing the insurance and real estate industries are making a case for a federal backstop in response to a request for public comments by the US Treasury Department.