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April 11, 2019

Is The Green-Certified Apartment Development Slowdown Temporary Or A Sign Of Something More Permanent?

The number of new LEED-certified multifamily rental units nationwide dropped for the second year in a row, with 42,900 units delivered last year, according to a new report by RentCafé, citing Yardi Matrix data. That is 6% fewer than 2017.

According to RentCafé Research Analyst Alexandra Ciuntu, who worked on the green residential buildings report, that decrease doesn't necessarily reflect declining interest in green building.

Is The Green-Certified Apartment Development Slowdown Temporary Or A Sign Of Something More Permanent?

"While green construction has staying power, certification can be seen as just a stringent formality, so some buildings are going for green features without pursuing certification," Ciuntu said. Though developers have the means and will, the main reason for going certificate-free might be the paperwork involved.  "The time and effort…

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Capital City Plans 74-Unit Condo Project Near Rhode Island Avenue Metro Station

Capital City Plans 74-Unit Condo Project Near Rhode Island Avenue Metro Station

A new for-sale multifamily development is planned near the Rhode Island Avenue Metro station, continuing the expansion of Northeast D.C.'s condo market.  Capital City Real Estate is planning to break ground later this month on a 74-unit condo building at 410 Rhode Island…

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Renaissance Centro Breaks Ground On 20-Story Tysons Condo Tower

Renaissance Centro Breaks Ground On 20-Story Tysons Condo Tower

A new residential tower is under construction in Tysons that will offer $3M condos.  Renaissance Centro announced Wednesday it broke ground on Monarch, a 20-story condo tower with 94 units at 7887 Jones Branch Drive.  The condo units will range from…

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When It Comes To Tenant Demands, Listen, But Verify

Listening to your tenants is well and good, but creating office buildings that people actually want to work in requires an additional step: analysing what they actually do. 

The ability to utilise data to measure how people use offices and the districts around them is revolutionising the ability of office owners to understand how best to design buildings and the amenities to add, according to panelists at Bisnow London’s Creative Office bash. That is especially the case when this is combined with surveying staff and talking to corporate clients, because the two sets of information don’t always add up.

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What To Look For In The Next Round Of Opportunity Zone Regulations

 

Investors, developers and accountants have been anxiously awaiting a new batch of proposed regulations regarding opportunity zones. The regulations are under review by the federal Office of Management and Budget but expected around the end of this month. Billions of investment dollars have been potentially sitting on the sidelines, but soon, deals that have been brewing may either get nixed or go forward, depending on how the rules come down.

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PODCAST: Listen To Bisnow's 'Let's Have A Drink' D.C.: Federal Realty Investment Trust CEO Don Wood

PODCAST: Listen To Bisnow's 'Let's Have A Drink' D.C.: Federal Realty Investment Trust CEO Don Wood  

Bisnow has a new podcast series, Let’s Have A Drink, where we sit down with the personalities who shape Washington, D.C., real estate — one of the most complex and affluent markets in the country. Hosted by Bisnow East Coast Editor Ethan Rothstein, we examine the deals, the disappointments and, of course,…

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