Wednesday, October 26, 2011

Morning Real Estate Review


Car Barn on Walmart site not a landmark (Washington City Paper) Staff at the city's Historic Preservation Office have recommended that the Historic Preservation Review Board not designate the old streetcar car storage barn at Georgia and Missouri Avenues NW as a landmark.

Fannie, Freddie respond to Obama plan by putting the squeeze on banks (Bloomberg) Mortgage backers are sending more loans back to originators and requiring more supporting documentation, leading lenders to curtail lending and make documentation more demanding.

A $1 billion bet on the suburbs (Washington Post) Private equity giant Blackstone is buying, from seller Duke Realty Corp., 82 suburban office buildings in Atlanta, Chicago, Columbus, Dallas, Minneapolis, Orlando and Tampa.

7-11 to Open Two New Locations in DC (CityBiz) The two new stores are part of Mayor Vincent C. Gray's One City - One Hire campaign and will be located on Benning Road and Bladensburg Road in Northeast.

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