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The Future of DC Streetcars Isn’t So Bright

It’s not looking good for DC’s streetcar plans, the Washington Post reports, pointing out that the path to streetcardom has been plagued with budget cuts, a fire, and at least nine traffic accidents involving streetcars that aren’t even carrying passengers yet. Arlington has already thrown out more than a decade’s worth of streetcar planning for Columbia Pike, and with new Gov. Larry Hogan already unsympathetic to the efforts, and Mayor Muriel Bowser re-evaluating the plans, the prognosis for Maryland and DC doesn’t look promising. The streetcar debate has drawn rich vs. poor battle lines, and public support has diminished to jokes on Twitter. But the fact is, the safety and convenience of streetcars would benefit a growing city. [WaPo]

WASHINGTON DC 03.16.2017

CAPITAL MARKETS AND REAL ESTATE FINANCE

Investing in 2017, Hot Markets, and the Ever-Changing Capital Stack

Mark Hertz
AIG Global Real Estate
Sujan Patel
Colony NorthStar
Joe Carter
Wells Fargo