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United Bank Commits $270K Toward Affordable Housing Efforts In D.C. Neighborhoods Where Rents Are Spiking
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United Bank Commits $270K Toward Affordable Housing Efforts In D.C. Neighborhoods Where Rents Are Spiking

... Capitol, are rising at the second-fastest pace in the nation, exceeded only by Skid ... to create affordable housing options in D.C., United Bank has committed $270K to ... Banking Joe LeMense said.  The D.C. government provides capital for many affordable housing ...

Nov 30, 2018
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LCOR The Commons Tysons
News

9 Developments That Could Bring Thousands Of Housing Units To The D.C. Region

... acre Walter Reed Army Medical Center Campus in Northwest D.C. The development team last year began demolition and infrastructure work ... Executives from Urban Atlantic, MRP Realty and other top D.C. development firms will discuss their plans at Bisnow's Major ...

Nov 26, 2018
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JLL's John Sikaitis and HOK's Vincent Ng
News

5 Challenges Facing The D.C. Office Market

... the District have built offices at an ambitious pace this cycle, but the demand has not increased ... have been left behind. In 2001, D.C.'s suburban markets had a vacancy of 5 ... what it wants right now."  The pace of construction in D.C. has put a strain on ...

Sep 29, 2017
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Apartment balconies 100 K
News

Metro D.C. Apartment Rent Growth Hit An 8-Year High In 2018

... in the marketplace."  Every submarket in D.C. experienced rising rents, but the area  ... as D.C.-area developers continue to build new apartments at a faster pace. Delta ... this year, Rich said. But the pace of new construction starts also continues to ...

Jan 11, 2019
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900 G St. NW
News

D.C. Investment Sales Brokers On Why 2018 Deal Volume Is Down From Last Year

... Managing Director James Cassidy said, and the pace of deals this year felt roughly the ... growing demand for office in the D.C. suburbs to continue, especially with Amazon ... suburban markets." Brokers are confident the D.C. region will continue to have a ...

Dec 19, 2018
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Property Group Partners President Jeffrey Sussman
News

PGP President Jeffrey Sussman Aims To Pick Up The Pace After Capitol Crossing's 'Slow' Leasing Start

... of the buildings and what we have to offer."  D.C. is experiencing a record surge in new office construction, with ... does not blame market conditions for Capitol Crossing's leasing pace, pointing out that new trophy developments near transit have outperformed ...

Aug 27, 2018
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D.C. construction cranes Capitol
News

D.C.'s 2018 Construction Starts Up 22% From Last Year, Rank 3rd In U.S.

... areas in the top 10 experienced a rising pace of construction starts: D.C., Seattle and Miami.  Nonresidential construction in the ... strong government and data center sectors have allowed its pace of construction to continue growing. He said those economic ...

Jul 05, 2018
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1701 Rhode Island Akridge Rendering
News

WeWork In Talks With Akridge To Lease Full Downtown D.C. Building

... a deal to lease a full building in Downtown D.C., continuing its rapid expansion across the region.  The coworking provider ... by EagleBank.  WeWork, now D.C.'s largest private office tenant, has not slowed its pace of leasing and opening new spaces ...

Feb 06, 2019
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JBG Smith Executive Vice President of Social Impact Investments AJ Jackson
News

How JBG Smith's New Impact Investing Head Aims To Improve D.C.'s Housing Affordability

The D.C. region's housing affordability problem could become ... a research perspective is what do we think the pace of acceleration will be and where do Amazon ... to preserve and create workforce housing in the D.C. region. It set a goal when it launched ...

Nov 27, 2018
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CMBS delinquency rate comparison
News

D.C. Suffering From The Highest CMBS Delinquency Rate Of Major U.S. Cities

... American CMBS Erin Stafford attributed the D.C. market's delinquency rate to its high ... rates. Slow job growth and the rapid pace of new office construction has made it ... level of recovery," Stafford said of the D.C. area.  Trepp research analyst Sean Barrie, ...

Dec 07, 2017
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