Friday, March 02, 2012

Morning Real Estate Review


N.S.P Ventures purchases 801 9th Street (J Street) Developer purchases the downtown office building built for and occupied by the U.S. Mint.

GMMB signs 46,000 s.f. lease at Washington Harbor (Costar) The "social problem solving company" moves to building on Georgetown waterfront, co-owned by Rockpoint Group and MRP Realty.

Housing construction expenditures rise in February (HousingWire) Spending on residential construction grew by 5.4% over last year, said the census bureau.

Banks are cutting exposure to troubled real estate loans
(Wall Street Journal) Commercial real estate mortgages that are more than 90 days past due have dropped from a high of 4.35% to 3.76%

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