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WASHINGTON, DC-Allegheny Energy Inc. and PPL Corporation now own Potomac Electric Power Company's share in the coal-fired Conemaugh Generating Station near Johnstown, PA. The $156 million deal settled Jan. 8 and allows Peco to diversify operations.
WASHINGTON, DC-Fannie Mae is redeeming $790 mil in recallable midterm notes on Jan. 18, according to company officials. The notes carry interest rates averaging 6.4% and maturity dates from Sept. 2001 through Dec. 2002.
Washington, DC-ChainLink, a national retail realty services firm, is liquidating 38 closed Pep Boys locations. ChainLink is also adding realty services offices in New York, New Jersey, and New Mexico to its network.
WASHINGTON, DC-Fannie Mae is redeeming $25 million and $150 million in recallable universal fixed-interest securities. They have a maturity date of Jan. 12, 2005. The redemption date is Jan. 12, 2001.
BETHESDA, MD-Crestline Capital is opening its first Courtyard Marriott Hotel in Baltimore's Inner Harbor. Crestline Hotels & Resorts Inc. is managing the $12-million Baltimore/Inner Harbor Courtyard by Marriott.
WASHINGTON, DC-A survey by the Association of Foreign Investors in Real Estate cites New York, San Francisco, Boston and the District as the top four cities for real estate investment in 2001.
BETHESDA, MD-The Meridian Group recently closed a $19-million deal to sell three office buildings in Reston, VA to Guardian Realty Investors. The company also sold two other buildings in Herndon, VA for $55 million.
WASHINGTON,DC-Leggat McCall Properties'eight-story, 180,000-sf office building at 2025 M. St. is now fully leased. The law firm of Akin, Gump, Strauss, Hauer & Feld LLP will move into its 19,000-sf suite this month.
BALTIMORE, MD-MIE Properties Inc. has started building the first of four buildings at the 21-acre Troy Hill Corporate Center here. The four build-to-suit office buildings will total 152,000 sf, according to company officials.
WASHINGTON, DC-The passage of the New E-Conomy Transformation Act of 2000 offers timely incentives. The legislation, introduced by David A. Catania (R-At Large), offers 14 innovative incentives designed to bring high-tech companies to the District.
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 TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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 TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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