Washington DC Area Commercial Real Estate News

NYC investor sees opportunity in Seattle's affordable housing crunch

by Shawna De La Rosa
Tue, 14 Jan 2025 23:06:54 +0000

Hudson Valley Property Group recently acquired five affordable housing apartment buildings in the Puget Sound region.

https://www.bizjournals.com/seattle/news/2025/01/14/hudson-valley-property-group-affordable-housing.html?ana=RSS&s=article_search

Laura Street Trio sale imminent as Live Oak Contracting takes reins

by Emma Behrmann
Tue, 14 Jan 2025 23:05:35 +0000

The city and developer will continue working to resolve a foreclosure lawsuit and liens as Laura Street Trio sale quickly approaches.

https://www.bizjournals.com/jacksonville/news/2025/01/14/trio-sale-imminent.html?ana=RSS&s=article_search

150 workers laid off in Pierce County plant closure

by Shawna De La Rosa
Tue, 14 Jan 2025 23:00:26 +0000

The closure is part of a plan to improve efficiency, a company representative says.

https://www.bizjournals.com/seattle/news/2025/01/14/plant-closure-associated-materials.html?ana=RSS&s=article_search

Developer buys Galleria-area La Quinta for high-end retail development

by Florian Martin
Tue, 14 Jan 2025 22:46:23 +0000

The Houston-based developer is taking advantage of the closing of a former La Quinta hotel.

https://www.bizjournals.com/houston/news/2025/01/14/beeson-galleria-la-quinta-retail-redevelopment.html?ana=RSS&s=article_search

L.A. Mayor Karen Bass expedites wildfire rebuilding with executive order

by Isabel Sami
Tue, 14 Jan 2025 22:39:22 +0000

The new executive order aims to speed up housing approvals for displaced residents. Learn about the specific changes to the review process.

https://www.bizjournals.com/losangeles/news/2025/01/14/mayor-bass-signs-executive-order-to-expedite.html?ana=RSS&s=article_search

Plans to convert movie theater into banquet hall advance

by Drew Dawson
Tue, 14 Jan 2025 22:21:20 +0000

Plans to convert a former movie theater into a more than 1,000-person banquet hall took a step forward.

https://www.bizjournals.com/milwaukee/news/2025/01/14/southgate-cinema-milwaukee-banquet-hall-update.html?ana=RSS&s=article_search

Concord wants to develop key downtown site, but it hasn't been easy

by Hannah Kanik
Tue, 14 Jan 2025 22:16:46 +0000

City staff is gearing up to put city-owned land out for bid and issue a Request For Proposals to develop there after years of failed starts.

https://www.bizjournals.com/sanfrancisco/news/2025/01/14/concord-affordable-housing-town-center-development.html?ana=RSS&s=article_search

Sentinel Real Estate buys Tysons, Gaithersburg apartments for $317M

by Dan Brendel
Tue, 14 Jan 2025 22:06:20 +0000

These make five multifamily deals north of $100M we've reported on in just the last few weeks.

https://www.bizjournals.com/washington/news/2025/01/14/tysons-gaithersburg-apartments-sentinel-aventon.html?ana=RSS&s=article_search

Tri Borough Management
1509 Dodona Terrace
Unit 205
Leesburg, VA 20175
 
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