Washington, DC

The company has opened a new regional office to serve its East Coast projects, and has additionally appointed a new executive to lead its practices.

The disposition of the 225-room, Thompson hotel to Union Investment was prearranged more than two years prior to the hotel's completion.

The luxury apartment community, located in Montgomery County, MD, will feature more than 15,000 square feet of amenity space.

The apartment communities, obtained from Aimco, comprise 376 units in Columbia, Maryland.

The new ownership states that while the acquisition will provide immediate cash flow, Merion's investment strategy includes the implementation of a value-add strategy including: unit interior upgrades, clubhouse and common area refresh, LED lighting upgrades, and property amenity upgrades.

Intuitive Health has chosen medical office development firms Rendina Healthcare Real Estate of Jupiter, FL and Anchor Health Properties to develop Intuitive's pipeline of healthcare properties on a build-to-suit basis.

The 2020 Qualified Opportunity Fund takes advantage of the strong pipeline of projects Grubb has.

The firm's expert economists identify major trends and offer predictions for the region in the coming year.