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15 Things You Need to Know This Morning

15 Things You Need to Know This Morning
EagleBank Finances Iconic DC Building

EagleBank recently provided Penzance with term financing for the historic Watergate office building and retail shops. The short-term bridge loan provided capital to refinance an existing CMBS loan, as well as complete capital improvements at the already substantially leased and occupied mixed-use project. And to top it off, the successful transaction was completed, from term sheet to closing, in under three weeks.

15 OTHER THINGS YOU NEED TO KNOW THIS MORNING

Republic Properties Nabs First Two Tenants at NoMa Spec Building
Bisnow Exclusive: Toby Bozzuto on Inheriting a Growing Multifamily Empire
Former Canyon Capital Realty Advisers CEO Bobby Turner Talks Multifamily Revolution
Newly Released Order Details Federal Judge’s Decision to Void TSA Lease
Maryland CRE Owners/Managers: Get a rebate from Washington Gas on high efficiency, natural gas equipment
EmPower Maryland Saves You Money
DC’s Public Housing Authority Flipping Houses for Profit
Developers Propose Up to 375 Units for New Neighborhood in Tower Oaks Area of Rockville
Developer Sets Sights on Vacant Lots in Columbia Heights
What's the Rush to Mt. Vernon Triangle and Shaw?
Barclays Exec: More REITs to Go Private in 2016
Skanska Committed to US Strategy Despite Recent Turbulence
Nordstrom Rack, Saks Off Fifth Eye Same DC Building
MGM National Harbor Pulls in Big-Name Chefs
FCP Sells Temple Hills Assets for $36M
 
 
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Related Topics: Morning Brief (DC)