Washington, DC

Reports indicate that it is unlikely that Blackstone will increase its original $4.8 billion offer.

Brokerage firm CBRE reported the sale of the 466-unit property at 50 Saw Mill Road that was built in two phases (2007 and 2011).

The sale consists of a contractual sales price of $185 million and the release of $3.5 million in member deposits. The total consideration represents approximately $521,000 per key, RLJ Lodging reports.

Demand from large cloud users resulted in more data center leasing activity in Northern Virginia in the first half of 2018 than the rest of the primary data center markets combined, according to CBRE's latest U.S. Data Center Trends report.

Takoma Central features one and two-bedroom apartment homes anchored by 9,000 square feet of retail.

The office will be the headquarters for the EDGE investment sales platform, which is led by partner Joe Friedman.

The Atlanta-based firm reports it has closed on an loan of approximately $12.3 million in connection with Oxford Properties' plans to develop a 240-unit Class A multifamily community at its a 63-acre mixed use project in Fredericksburg.

The 204-room James hotel is a component of the Armature Works project that is being developed on a 2.43-acre site adjacent to the NoMa-Galludet U. Metro stop between Union Market and H Street.