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Federal Capital Partners is recapping the communities through a joint venture with Urban Atlantic.
WASHINGTON, DC--"If other states allow manufactured homes to be a treated like a typical home and not like personal property we can move the program to those locations."
For households that don't have incomes of $125,000 the trend is grim with the rate of rent growth outpacing that of income growth.
“E-commerce and industrial in general have driven up land prices so much that the cost to develop new product is too high now."
JCR plans to focus on leasing up the vacant 15% of the shopping center and the 20% of rents that are rolling over in 2018 and 2019.
“Our focus will be on transit-oriented submarkets but more importantly whether there is value in each opportunity.”
“Borrowers like it because they don't have a balloon payment at the end of the fixed rate period.”
“We just are not seeing robust job growth that can support the DC office market right now.”
The Fox Television Stations unit is moving from its current headquarters in northwest Washington DC to build out new space in Bethesda.
Much of the activity is happening at the newer buildings in these submarkets, such as Tysons Tower and 1775 Tysons Blvd.