Washington, DC

Net Lease Insider by Jonathan Hipp
Is Retail Development Picking Up?

In a retail climate often described as a veritable desert for new developments, there have been recent signs of life. David Sobelman, Executive Vice President of Calkain Companies, has observed that in high credit tenants, there has been a relatively unnoticed trend in developments.Below he answers five questions relating to this trend:1. What, if any, developments are you seeing in the net lease or retail markets?High credit tenants, those with investment grade credit ratings, seem…

Net Lease Insider
Industrial Snapshot

We've done a quick overview of the issues facing the industrial market and industrial net leases specifically. Our analysis focuses on pertinent facts, conditions and trends to glean where we are today and will be tomorrow.

Net Lease Insider
A Tax Tsunami

As commercial real estate struggles to break through the economic quagmire, it must contend with a flurry of changes on the horizon.

Net Lease Insider
Trophy Markets

Net leases in populous urban areas are in the perfect position to take advantage of the demand for stability in today’s market.

Liberty Property Trust Takes 1100 17th for $50M

WASHINGTON, DC-The 12-story building is 82% occupied, which is why the REIT sees it an untapped opportunity.

Six Questions for Greenberg Traurig’s Tom Galli

WASHINGTON, DC-After completing $5.3 billion in transactions, the shareholder talks with GlobeSt.com about tricky non-performing loans and what 2012 holds for structured transactions.

GSEs Get Roped into Payroll Tax Tug-of-War

WASHINGTON, DC-One proposal to pay for the payroll tax extension is to increase the fees that Fannie Mae and Freddie Mac collect from lenders.

Say Goodbye to $500,000 Per Key Hotel Pricing

WASHINGTON, DC-Host Hotel’s decision to back out of its Grand Hyatt buy is not good news for the economy, and it means we won’t see $500,000 per key pricing again any time soon. Few, though, expect the area’s hotel sector to reverse recent trends.

Edens Acquires Jenkins Row for $20M+

WASHINGTON, DC-This Capitol Hill community adds to the retail developer’s growing footprint in the area, one that includes City Vista and Union Market.

Fannie Mae Ends 2011 GeMS Issuances at $6B

WASHINGTON, DC-The year has been a significant one for the program, as it added new features and increased its investor base considerably, Kimberly Johnson, VP of Multifamily Capital Markets, tells GlobeSt.com’s Erika Morphy.

Zuckerman-Gravely Buys 1400 I St. NW

WASHINGTON, DC-The property last traded five years ago for $42.5 million to JOSS Realty Partners but went for $58 million in this most recent deal.

Highland Park Secures $66M Loan

WASHINGTON, DC-Key Bank’s Fannie Mae DUS program provided the permanent financing, which banks couldn’t match, says Cassidy Turley’s David Webb, who adds that the interest rate came in between 3.6% and 3.7%.

ANALYSIS
Fed Cutbacks Loom, Casting Doubt on DC Health

WASHINGTON, DC-“The budget deficit and the measures to cut the size of government have people worried,” says AFIRE's James Fetgatter. “Whether they are worried enough to stay away in droves I can’t tell you.”

Georgetown Hotel Project Finally Moves Forward

WASHINGTON, DC-DCmud reported that the long-simmering Georgetown hotel project has obtained financing and is finally proceeding ahead.

John Buck Buys 740 15th St. N.W. from American Bar Association

WASHINGTON, DC-The John Buck Company, a real estate investment manager, has purchased the headquarters building of the American Bar Association.

Developers Secure $66M for First Phase of Highland Park

WASHINGTON, DC-Gragg & Associates, Donatelli Development and a patron of Invesco Real Estate have obtained a $66-million loan for the first phase of the 229-unit Highland Park apartment complex at 14th and Irving Streets NW in Washington, DC.

SEC Charges GSE Executives

WASHINGTON, DC-Industry watchers worry that one byproduct of the charges will be an even faster brain drain from the agencies.

CBRE Arranges $135M Refi for Annapolis Towne Centre

ANNAPOLIS, MD-HSBC Bank provided the seven-year loan, arranged via CBRE, to replace the retail project’s construction financing.

Chandan Downgrades DC's Credit Outlook

WASHINGTON, DC-There are a number of reasons, surprisingly starting with multifamily. 'Third and fourth quarter originations have limited cushion against downside risks to space demand that might follow from government cuts,' Sam Chandan tells GlobeSt.com’s Erika Morphy.

Brandywine Contributes Three DC Offices to JV

WASHINGTON, DC-Brandywine Realty Trust and Current Creek are also pooling their funds to make additional acquisitions in certain DC submarkets over the next three years.

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Events

Look out for the full 2012 RealShare Conference Series schedule--COMING SOON!
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Upcoming Conferences
Feb.
15
RealShare APARTMENTS EAST
Washington, DC
Mar.
07
RealShare PHILADELPHIA
Philadelphia, PA
Mar.
22
RealShare REAL ESTATE 2012
Los Angeles, CA
Apr.
03-03
RealShare NET LEASE 2012
New York, NY
Featured Event
RealShare APARTMENTS EAST


Multifamily's most influential and knowledgeable executives share their insights and outlooks for the marketplace at our upcoming first annual RealShare APARTMENTS EAST conference!
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Webinars

Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda

December 07
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.

Featured Event
Protect Your Portfolio From Seismic Risk


This video webinar, presented by GlobeSt.com Thought Leader Partner Engineering and Science, Inc., will give commercial real estate investors a thorough overview of seismic Probable Maximum Loss Reports (PMLs). These reports are especially important for those investing in real estate in areas that are at risk for earthquake damage.
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