Washington, DC

The 20-story tower is now 60% pre-leased.

The renovations are designed to attract and retain tenants and their employees.

Construction on the new, nine-unit luxury condominium project is expected to be completed in late 2019. John Marshall Bank provided a construction loan for The Pacifica.

Much of the pipeline is concentrated in CBD, driven by shift in demand toward West End, Transwestern says.

More answers are expected from the Treasury Department by the end of the year, says Mayer Brown's David Burton.

Yun blamed the low inventory of moderately-priced homes as a chief reason why home sales are not increasing and home sales prices are rising.

The assets totaling 26,923 square feet were sold for approximately $7.46 million, which afforded the company to pay down $4.5 million of property-level debt and $1.6 million of its Revere loan.

Over the past 36 months, Class B rents have moved beyond $50 per square foot, which many nonprofits are unwilling to pay.