News

Avanath Capital Management LLC recently acquired Blunn Creek, a 280-unit affordable housing community, for $35.15 million, in a submarket with limited affordable housing options but high demand.

The mixed used project is part of the city's East 125th Street Development.

The real estate development firm and the non-profit economic revitalization organization worked together on this $26 million large-scale housing and retail property project.

Housing finance experts Heidi Brunet and Lisa Lautner have joined the brokerage and advisory firm as executive managing directors.

The company has floated plans for a 1.2 million-square-foot office tower that would be used by other tenants, a source says.

With this lease Amazon is taking 584,512 square feet at four existing JBG SMITH office buildings in National Landing.

Much of GLP's US business stems from a 2014 deal to acquire IndCor Properties from Blackstone Group for $8.1 billion.

The utility said the new natural gas capacity from the Tennessee Gas Pipeline could be in service by November 2023.