Globest Sectors

A group of six lawyers, led by managing partner Robert "Bob" Dalrymple, has joined Bethesda, Maryland's Selzer Gurvitch Rabin Wertheimer & Polott, adding a "premier" land use/zoning practice.

New York-based real estate lending company Greystone revealed Thursday that it has provided $91.3 million in Fannie Mae Delegated Underwriting and Servicing loans to refinance a portfolio in the Grand Canyon State with 1,406 multifamily units.

The pandemic has catalyzed new demand for 500 million square feet of industrial space, but it will take years for the supply to catch up.

Retail and hotel real estate investment trusts — the most impacted from the stay-at-home orders and business closures — collectively drew down the most at nearly $19 billion.

Wiley Rein LLP's 166,000-square-foot lease at 2050 M St. serves as the DC market's largest relocation deal of 2020.

The firm will market 33,000 square feet of office space in Ashburn, VA for the project's next phase; scheduled to deliver in March 2021.

The 27-unit building, which is getting finishing touches, trades for $411,111 per unit.

Malls could be primed for new uses.