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Sunrise Closes $204M Portfolio Sale
By Erika Morphy
MCLEAN, VA-Sunrise is receiving $60 million in net proceeds from the sale of the 21 properties to Brookdale Senior Living. ... Full Story
DDR's $400M Success Augurs Well for More TALF CMBS
By Erika Morphy
WASHINGTON, DC-With the first CMBS TALF deal done, more are likely to happen now that investors have demonstrated their appetite.
... Full Story
USDA Inks 330,000 SF in SW
By Erika Morphy
WASHINGTON, DC-The agency will be occupying 87% of Patriots Plaza III, which delivered in September 2009. ... Full Story
Market Square Receives LEED EBOM
By Erika Morphy
WASHINGTON, DC-More building owners are interested in LEED EBOM because of the reduction in operating expenses it can deliver. ... Full Story
FERC Takes 35,000 SF in NoMa Office
By Erika Morphy
WASHINGTON, DC-Tishman Speyer is landing its first tenant in the newly delivered trophy quality office building. ... Full Story
Broker: $100M in Small MF Under Contract
By Erika Morphy
WASHINGTON, DC-Smaller apartment buildings are trading as rapidly as the larger deals. ... Full Story
Bair: FDIC Has New Rules for Securitization
By Erika Morphy
WASHINGTON, DC-Chairman Sheila Bair is revealing details about new rules the agency has developed for bank loan securitization. ... Full Story
ACS Building Slowly Inches to Occupancy
By Erika Morphy
WASHINGTON, DC-The American College of Surgeons' 165,000-square-foot building is still under construction, but it has landed one long-term lease. ... Full Story
Tenants Renew 95,436 SF at Air Rights Center
By Erika Morphy
BETHESDA, MD-The Calvert Group and Acacia Life are staying in the Downtown Bethesda office building. ... Full Story
Avison Young Opens DC Office
By Erika Morphy
WASHINGTON, DC-The local office is part of a larger strategy to open several more across the US. ... Full Story
Debra Cafaro New Head of NAREIT
By Erika Morphy
WASHINGTON, DC-Cafaro takes over leadership of the organization as it is taking a stand on several issues. ... Full Story
Two Leases Take 96,000 SF in West End Office
By Erika Morphy
WASHINGTON, DC-The German Embassy will be occupying 76,000 square feet at 2300 M St. for at least three years. ... Full Story
Fannie, Hat in Hand, Asks for $15B
By Erika Morphy
WASHINGTON, DC-Fannie Mae will be topping $60 billion in its requests for emergency reserves from the Treasury Department. ... Full Story
MRP Refinances Clarendon Office for $44M
By Erika Morphy
CLARENDON, VA-The company is securing a five-year, $44-million loan for the property. ... Full Story
Treasury Awards $5B in NMTC
By Erika Morphy
WASHINGTON, DC-States are receiving another round of New Market Tax Credits to aid low income development. ... Full Story
CBD Office Lands $34M in Permanent Financing
By Erika Morphy
WASHINGTON, DC-With money provided by a life insurer, 1801 L St. is refinancing out of a bank loan. ... Full Story
More Evidence DC Condos Are on Upswing
By Erika Morphy
WASHINGTON, DC-Ten Ten Mass is settling all of its 163 units after a shaky launch in 2005. ... Full Story
FDIC Supports 'Prudent' Commerical Real Estate Workouts
By Erika Morphy
WASHINGTON, DC-Following industry complaints that the FDIC is not taking a uniform approach to distressed assets, the agency puts forth new guidelines. ... Full Story
Survey: Better Than Last Year, But Industry Still Hurting
By Erika Morphy
WASHINGTON, DC-The Real Estate Roundtable's latest quarterly survey shows both relief at surviving the worst and ongoing concerns about industry fundamentals. ... Full Story
Repackaging Risk
By Financial Times
WASHINGTON, DC-The securities market is still facing hard times, but securities backed by assets are looking much better, according to the Financial Times ... Full Story
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