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WASHINGTON, DC-As two planes, one a commercial jet, crashed into the twin towers of the World Trade Center in New York, causing them to implode, another commercial plane plowed into a helipad at the Pentagon, collapsing a section of that building. At least 22 people have been transported to Virginia Hospital Center.
WASHINGTON, DC-Several major real estate related associations have sent a letter to the President asking his administration to address the new risks surrounding insurance on property that puts the industry in a tough position going forward because of the September 11 terrorist attacks and the current action in Afghanistan.
HERNDON, VA-Smith Corp. renews a 22,872-sf lease at Renaissance Park at Dulles, and Oce-USA Inc. renews its lease of 14,393 sf of office space at Courthouse Plaza, located at 2300 at Clarendon Blvd. in Arlington, VA.
WASHINGTON, DC-Delta Associates and Transwestern Commercial Services report that this particular submarket of apartment housing tends to depend on renters in those positions that may have been eliminated in the aftermath of the attacks, like the lodging and tourism industry. The firms see flat rent growth and a slight increase in vacancy rates going forward.
MCLEAN, VA-The subsidiary of St. Joe Company has added a new senior director and an associate. The pair brings more than 30 years of experience to the firm.
WASHINGTON, DC-Delta Associates and Transwestern Commercial Services report that this particular submarket of apartment housing tends to depend on renters in those positions that may have been eliminated in the aftermath of the attacks, like the lodging and tourism industry. The firms see flat rent growth and a slight increase in vacancy rates going forward.
BETHESDA, MD-The furniture store has acquired four properties with a total of 45 acres to construct a 340,000-sf facility. Construction is scheduled to begin in the spring of 2002, with the store opening in 2003.
DULLES, VA-Ground has been broken on a 105,400-sf, single-story building that will be part of an office park planned for 560,000 sf on a 57-acre parcel here.
WASHINGTON, DC-The District of Columbia Housing Authority will use the HOPE IV grant to replace aging public housing with 1,562 new units of rental and owned multifamily housing.
WASHINGTON, DC-In its quarterly survey, the National Multi Housing Council blames slowing economic conditions for a loosening in apartment markets nationwide, versus placing the blame squarely on fallout from the September 11 terrorist attacks.
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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