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A Carr Properties holding. Photo by Carr Properties

WASHINGTON, DC–Two Washington DC area commercial real estate companies received an infusion of capital via separate deals. In one, Carr Properties completed a $300 million convertible debt investment with Israeli insurer Clal. In the other, Almanac Realty committed up to $400 million to Merritt Properties.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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