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February 20, 2020

Here's What Gen Z Actually
Wants In Multifamily

As construction costs are rumored to recede, will more affordable housing projects be added to the pipeline? Experts weigh in at the Greater DC Affordable Housing Summit and Evening Schmooze on April 2

A generation of renters raised through the Great Recession, dwindling affordability and the advent of social media is leading to new and competing approaches to marketing housing.

 
 

 
 

Here's What Gen Z Actually Wants In Multifamily

Generation Z, defined by Pew Research Center as people born after 1996, is now entering traditional multifamily properties, bringing tastes for smaller apartments, more practical amenities and even influencers with them. And don't mistake them for millennials, the cohort right before them, Streetsense Director of Trends and Consumer Forecasting…

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Hanover Closes Land Buy, Construction Loan For 377-Unit Brookland Project

Hanover Closes Land Buy, Construction Loan For 377-Unit Brookland Project

A development that would add nearly 400 units to Northeast D.C.'s Brookland neighborhood appears to be moving forward.Hanover Co. last week closed on the acquisition of two adjacent properties at 3135 and 3201 Eighth St. NE, and it received a construction loan for its two-building apartment project. The Houston-based developer acquired the properties…

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Trammell Crow Sells New National Harbor Medical Office Building

Trammell Crow Sells New National Harbor Medical Office Building  

A new medical office building that opened last year in National Harbor has traded hands. Trammell Crow sold The Medical Pavilion at National Harbor to Seavest Healthcare Properties for $57M, according to a deed posted last month to Maryland property records.  A…

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Park Hotels Sells D.C. Embassy Suites For $90M

Park Hotels Sells D.C. Embassy Suites For $90M  

Park Hotels & Resorts has unloaded two more hotels following its acquisition of Chesapeake Lodging Trust, including one in D.C. The Tysons-based REIT announced Wednesday it sold the Embassy Suites by Hilton Washington D.C. Georgetown for $90.4M and the Hilton São Paulo…

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