Posted on 4/11/21
Hilton: Well-Prepared For The Demand Surge, But Hold Long Term
Excellent cash management and cost control over the pandemic period will serve the company well through FY-21.The current cash position could allow the company to resume . . .
Posted on 4/9/21
CRE Concepts: Mass Timber Trend Takes Root in Baltimore?
Asked how he feels about leading the first mass timber construction projects in Baltimore City, Chesapeake Contracting Group Vice President Dan Hannon replies, “Excited, beyond your . . .
Posted on 4/9/21
Telecom Company SES Building $17M Facility in Prince William
Luxembourg-based telecommunications company SES will invest $17 million in a new U.S. hub facility in Prince William County facility where it will merge its satellite and . . .
Posted on 4/9/21
German Auto Parts Maker to Build $38M Wythe County Factory
German auto parts manufacturer STS Group AG will invest $39 million to establish its first U.S. manufacturing operation in Wythe County’s Progress Park industrial park, creating . . .
Posted on 4/8/21
Medalist Diversified REIT Prices $12M Public Offering of Common Stock
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial . . .
Posted on 4/8/21
Freddie Mac Prices Approximately $1.2 Billion Securitization of Re-Performing Loans
MCLEAN, Va., April 08, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced pricing of the first Seasoned Credit Risk Transfer Trust (SCRT) offering of . . .
Posted on 4/8/21
Freddie Mac Prices $838 million Multifamily K-Deal, K-1520
MCLEAN, Va., April 08, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily . . .
Posted on 4/8/21
Williamsburg Office Building Sells
Cushman & Wakefield | Thalhimer is pleased to announce the sale of 1138 Professional Drive in Williamsburg, Virginia. Slabinski Holdings, LLC purchased the 3,150 square foot . . .
Posted on 4/8/21
Office Property Sold in Roanoke
Cushman & Wakefield | Thalhimer is pleased to announce the sale of 3517 Brandon Avenue SW in Roanoke, Virginia. Brandon Partners, LLCpurchased the 48,915 square foot . . .
Posted on 4/8/21
Hampton Roads Leases Completed by Cushman & Wakefield | Thalhimer
Cushman & Wakefield | Thalhimer reports the following recent lease transactions in the Hampton Roads area:EIMSKIP Logistics, Inc.renewed their lease of 43,632 square feet of industrial space . . .
Posted on 4/8/21
Richmond-Area Leases Completed by Cushman & Wakefield | Thalhimer
Cushman & Wakefield | Thalhimer recent Richmond, Virginia area lease transactions:MBS Production Servicesleased 12,500 square feet of industrial space at 1800 W. Marshall Street in the . . .
Posted on 4/8/21
Industrial Outdoor Storage Site Sold for $21.1M
Newmark announces the $21,100,000 sale of Last-Mile @ BWI located at 1200 Stoney Run Road, Hanover, MD. The industrial-zoned land is 100% leased and was sold . . .
Posted on 4/8/21
Mission-critical Office Complex in D.C. Area Trades
JLL Capital Markets led sales and financing efforts for the fully leased Plaza East complex in Chantilly, VirginiaJLL Capital Markets announced today that it has closed . . .
Posted on 4/12/21
Project Destined, Social Impact Platform That Teaches Real Estate Entreprenurial Skills To High Schoolers, Launches Program In Washington, D.C.
Friendship Collegiate Academy and Friendship Tech Prep Academy are the first D.C. schools involved in national program co-founded by Cedric Bobo, former Carlyle Group principal (L-R): . . .
Posted on 4/8/21
Mission Rock Residential Signed On to Manage Maryland Apartments
Mission Rock Residential, a Denver-based multifamily property management company, is announcing another new management contract in the D.C. metro area, this time for Summerfield at Morgan . . .
Posted on 4/8/21
Freddie Mac Prices Approximately $1.2 Billion Securitization of Re-Performing Loans
MCLEAN, Va., April 08, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced pricing of the first Seasoned Credit Risk Transfer Trust (SCRT) offering of . . .
Posted on 4/8/21
Monday Properties Appoints Cliff Cummings as Vice President of Investments
Monday Properties, a dynamic real estate investment firm and industry-leading developer, today announced that Cliff Cummings has joined the company as Vice President of Investments
Posted on 4/8/21
N.C. Air Purifier Manufacturer Will Build $5.6M Plant in Radford
Oransi, a Raleigh, North Carolina-based manufacturer of air purifiers, will invest $5.6 million to establish a manufacturing facility in Radford, creating 101 jobs, according to an . . .
Posted on 4/7/21
Walker & Dunlop Appoints Suzanne Jones as a Senior Director
Walker & Dunlop, Inc. announced today that it hired Suzanne Jones as a Senior Director in its Agency financing group
Posted on 4/7/21
Lingerfelt CommonWealth Acquires Industrial Distribution Building For $7.8 Million
Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the $7,800,000 acquisition of 4300 Carolina Avenue in Richmond, Virginia. The asset . . .
Posted on 4/7/21
Federal’s Extensive Renovation of Fall Plaza to Begin in April
Project will include a rename of the 10-acre retail center in the City of Falls Church to Birch & Broad Federal Realty Investment Trust (NYSE: FRT) . . .
Posted on 4/7/21
Cushman & Wakefield | Thalhimer Promotes Bo McKown to Associate
Cushman & Wakefield | Thalhimer is pleased to announce Bo McKown has been promoted to an Associate in their Capital Markets Group. Mr. McKown originally joined . . .
Posted on 4/7/21
Former 7-11 Retail Property Sold in Richmond
Cushman & Wakefield | Thalhimer is pleased to announce the sale of 5114 Williamsburg Road in Henrico County, Virginia. RRS Properties, LLC purchased the 2,490 square . . .
Posted on 4/7/21
CIT GAP Funds Invests in Floorwire
Richmond, VA, April 07, 2021 (GLOBE NEWSWIRE) -- The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has invested in Virginia-based Floorwire, developer . . .
Posted on 4/7/21
General Assembly to Decide Enforceability of Personal Liability Clauses in Commercial Leases
The 2021 Maryland General Assembly session will be remembered, in part, for the extraordinary steps taken to legislate landlord tenant issues in the wake of the . . .
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