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MCLEAN, VA-Sunrise Assisted Living sells 80% interest in two of its senior living communities for $29.7 million to a California-based public pension fund. The deal leaves Sunrise with management responsibilities and a 20% interest in both properties.
BETHESDA, MD-White Flint East, the WMATA-LCOR Inc. $450-million mixed-use project, takes a step toward realization with the recent submission of plans for the 2.8 million-sf development to Montgomery County. County officials have to approve rezoning.
BALTIMORE, MD-MuniMae reveals it will invest as much as $175 million between now and 2006 in a venture with Rockville, MD's Capreit. Already, $64 million has been committed to purchasing equity interests in 18 of Capreit's property partnerships. Capreit will contribute $16 million to the venture.
ARNOLD, MD-Anne Arundel Community College will open a new 77,000-sf, $10.65 million school on the county's west side, thanks to a partnership with its fundraising arm Anne Arundel Community College Foundation. Construction of the facility will be complete in August 2003.
OAK HILL, WV-Non-profit owner Charleston area Medical Center Health System sells the 90-bed Plateau Medical Center to Brentwood, TN's for-profit Community Health Systems, Inc. in a $9.3 million deal. Plateau is the only acute care facility in the town.
PRINCE FREDERICK, MD-A public-private partnership forms between the Calvert County Board of County Commissioners and the YMCA of Metropolitan Washington in an effort to develop a new YMCA family center on the 12-acre site known as the Old Fairgrounds Property.
NORFOLK, VA-The expansion project at Norfolk International Airport comes to an end with the official opening of the new, 243,000-sf terminal and nine-story garage scheduled for July 1. A dedication ceremony, attended by local and state officials, took place earlier this week.
HENRICO COUNTY-The Hanover Company and a development partner have acquired a 32.5-acre site off Hunton Park Boulevard from Atack Properties in a $2.7-million transaction. They plan to use the space to build a 14-building, 300-unit luxury apartment complex.
WILMINGTON, DE-After standing vacant following a devastating 1997 fire, the 680,000-sf Delaware Trust Building will be redeveloped as a 370-unit luxury apartment complex. Demolition of a portion of the 22-story structure is expected to begin within the next few weeks.
PRINCE WILLIAM COUNTY-Comcast Communications has chosen Virginia as the location of its new Technology Support Center and will build the 100,000-sf facility in Innovation @ Prince William business park. Comcast will count among its neighbors, George Mason University and American Type Culture Collection.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource