BETHESDA, MD--No, it wasn't because the $3.8-billion portfolio would mean the company would become the largest HUD multifamily/healthcare servicer in the US, although that was a nice touch. GlobeSt.com spoke with CFO Stephen Theobald to get more details about the transaction.
CHEVY CHASE, MD--A WW Investors LLC principal called it “one of the worst strategic transactions proposed to stockholders by a REIT board in recent memory.”
WASHINGTON, DC--Jamestown Properties acquired the 98,000-square foot office building in 2011 as part of its $123 million acquisition of the Madison Hotel.
WASHINGTON, DC--The Watergate office building at 600 New Hampshire Ave., is looking to lease some 100,000 square feet. Of course it will be renovating the space.