Tuesday, September 20, 2011

Morning Real Estate Review

Making Its Silver Spring Debut (Bethesda Magazine) This month, the Fillmore in Silver Spring made its debut with a splash.

D.C. developers seek subsidies to build 2 more Marriott hotels near convention center (Washington Post) The $172 million project, Norman Jenkins said, would require $35 million in subsidies, which he asked the District to provide via tax increment financing on two more Marriotts at the Convention Center.

On their own, duo specializes in troubled properties (Washington Post) Martin Kamm and Stephanie Lynch of Ceres Capital Partners are focusing on urban development projects, from a new office in Georgetown.

U.S. Treasury Renews 120,000 SF on Pennsylvania Ave (CoStar) The General Services Administration renewed the U.S. Treasury Department's 120,324-square-foot office lease at 1750 Pennsylvania Ave. in Washington, DC, for 10 years.



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