Washington, DC

The expected increase in interest rates combined with rising home prices seem to be making consumers a bit glum about the residential market

The latest deal is Sotherly Hotels' acquisition of the 318-room Hyatt Centric Arlington for $79.7 million.

That is according to Preqin however the report also notes there are questions whether the high median net IRRs can be sustained.

WASHINGTON, DC--MRP Realty partnered with Westbrook Partners in its purchase of Windsor at Arbors and the property traded for $100 million or $250,000 per unit.

“As far as alternative investment vehicles go, I think real estate remains well priced.”

Word on the street says the Cushman & Wakefield broker negotiated a 5-year fixed-rate, interest-only loan with an international bank.

The whisper price of the development site is said to be $50 million.

“Any tariffs on aluminum and, especially, steel are likely to be damaging to construction in multiple ways.”