Monday, March 19, 2012

Morning Real Estate Review

Costar report shows improving commercial pricing and confidence (Wall Street Journal) A look at the numbers of January show a rising outlook and profitability.

Bainbridge and Carlyle Group refinance Crystal City apartments (Commercial Property Executive) Developers get new money on 726 units of housing.

Rockrose hires Leo Daly to transform 1776 Eye Street (Citybiz) The building, which Rockrose just acquired for $119m, will be transformed from a Class A office into a "trophy" office building at the Farragut West Metro.

District to save deteriorating SW fish market buildings (CityPaper) Despite the sorry state, the District intends to preserve structures from the nearly 200 year-old market as a reminder of its past.

Court hands DC a victory in Skyland case (CityPaper) Court sides with District and developers in long running property rights dispute, leaving only one owner in between the District/Rappaport team and redevelopment of the Walmart-anchored Skyland.

NAHB reports that 99 housing markets improve in March (World Property Channel) The figure is up from 98 in February.



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