WASHINGTON, DC-LaSalle Hotels has bought the properties with plans to create "unique, independent boutique hotels," with a total of 502 rooms, which will be managed by Kimpton Hotels & Restaurant Group.
WASHINGTON, DC-Mortgage activity was up 15.1% for the week ending March 2, with refinancing loans making up 54.6% of applications, according to a survey by the Mortgage Bankers Association of America.
WASHINGTON, DC-AMI Capital Inc., based in Bethesda, MD, has closed a $4.6 million refinance loan on Banneker Place Apartments, a 348-unit apartment community in southeast, which was renovated in 1998.
WASHINGTON, DC-The software problem that caused the National Association of Realtors to revise its residential housing analysis didn't have any impact on the group's commercial real estate figures.
WASHINGTON, DC-Sedberry & Associates/ChainLinks Retail Advisors, based here, recently completed a land lease for 108,900 sf in Albuquerque, NM on behalf of the Southern Italian restaurant chain Buca di Beppo.
COLUMBIA, MD-First Service Networks Inc. signed leases for office space with Corporate Office Properties Trust and plans to move its corporate headquarters from Stamford CT to Annapolis Junction, MD.
COLUMBIA, MD-First Service Networks Inc. signed leases for office space with Corporate Office Properties Trust and plans to move its corporate headquarters from Stamford CT to Annapolis Junction, MD.
WASHINGTON, DC-Fannie Mae officials plan to redeem a $10 million security on March 16 with an interest rate of 8.25%. The security had been slated for maturity in 2015.
FORT MEADE, MD-In partnership with the military, the developers will build, own, maintain and manage up to 3,200 homes over the next 50 years for military families under an Army housing privatization program, as well as the community's infrastructure.
MCLEAN, VA-The mortgage company closed $138,544,000 in multi-family loans on projects ranging from garden to high-rise apartment complexes, from New York to Seattle. The company used a variety of Freddie Mac and Fannie Mae programs.