Chevy Chase, Maryland-based The JBG Companies, will not acquire New York REIT (NYRT), according to a joint press release issued on The only time any side purchase generic levitra effects were found was if it was taken without eating something. … Continue reading →
New York-based non-traded REIT Carey Watermark Investors 2 has acquired the Le Méridien Arlington, a 154-room, four-star hotel in Arlington, Virginia’s Rosslyn neighborhood for an undisclosed price. The Starwood Hotels & Resorts brand hotel is undergoing a $3 million soft … Continue reading →
Pacific Investment Management Co. (Pimco) is predicting that U.S. commercial real estate prices may fall as much as five percent in the next 12 months,
Continue reading →The average sale price for residential properties in Miami Beach and Barrier Islands fell by 7.5 percent in Q1-2016 year-over-year to $905,252 and the median sale price dropped by 6.6 percent year-over-year to $408,750, according to CNBC (citing a report … Continue reading →
Shareholders of both Marriott International and Starwood Hotels & Resorts Worldwide Inc. have approved Marriott’s $14.41 billion acquisition of Starwood, according to The Washington Post. Starwood stockholders will receive 0.8 shares of Marriott common stock at closing plus $21.00 in … Continue reading →
Sales of new US homes increased by 10.8 percent (the most since August 2014) in December to 544,000 at an annualized pace,
Continue reading →This week, the US House of Representatives approved legislation that would remove the tax benefits of spinning off corporate real estate into separate, publicly traded real estate investment trusts (REITs). Ending such spin-offs is expected to generate $1.9 billion in … Continue reading →
Cambridge Property Group, LLC recently purchased the 128,571sf mixed-use property at 1250 23rd Street NW on behalf of its affiliate Galaxy, LLC, in partnership with Westport Capital Partners. Built in 1989 and renovated in 2010, the Class B building sold for … Continue reading →
Sales of single family homes in DC valued at more than $1 million increased from three percent of all home sales in 2001 to over 18 percent in 2015,
Continue reading →From 2008 to the middle of 2014, only six homes in Guam sold for $1 million and above. From August 2014 to September 2015, there have been seven sales of homes priced at $1 million or greater,
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