Pepco plans substation next to Friendship Heights Metro (Washington Examiner) Pepco aims to turn a site originally planned for a mixed-use development (which faced opposition) into a substation. Pepco bought the property at 5220 Wisconsin Ave. from Akridge for $14.5 million earlier this fall.
Introducing EDENS... (PR Newswire) Edens & Avant, one of the nation's leading shopping center owners and developers - planning to remake the Florida Ave/Cap City Market it refers to as "Union Market" - will now simply be known as EDENS.
Japanese firm to acquire stake in Homer building (Washington Business Journal) Mitsui Fudosan America would buy ING Office Fund’s 80 percent stake in the high-profile building at 601 13th St. NW for $315 million, or about $746 per square foot.
Freddie Mac Announces K-016 Offering (PR Newswire) Freddie Mac announced it will offer $1 billion in Structured Pass-Through Certificates ("K Certificates"), multifamily mortgage-backed securities.
Washington D.C. real estate development news