$30M Opens Doors in Manufactured Homes for FCP (Globe St.) Federal Capital Partners, a company that has made a name for itself in the Mid-Atlantic for its savvy, value-add investments in multifamily, is branching out into a new asset class--manufactured housing.
The "underground" preparedness market (Examiner) Some people who are preparing for the end of the world by building shelters, have joined the "underground" real-estate market. According to a successful shelter-building business, the Washington, DC area is its best market.
Ginnie Cooper Lands Bing Thom For New Woodridge Library (CityPaper) After taking a breather from her building blitz, D.C. Chief Librarian Ginnie Cooper has brought on borderline starchitect Bing Thom—he of the swoopy Arena Stage—to design a new Woodridge Library.
U.S. home building slows, but permits hit 3 1/2-year high (Washington Times) U.S. builders started work on fewer homes in March after they sharply cut back on apartment construction. But builders requested the most permits for future projects in 3½ years, suggesting many anticipate the housing market could improve over the next year.
National Labor College to sell Silver Spring Campus (Gazette.Net) The National Labor College is selling its 47-acre Silver Spring campus, according to spokeswoman Jennifer Dorr, leaving its New Hampshire Avenue location after 38 years.