Monday, June 04, 2012

Morning Real Estate Review


City leaders mull TIF financing for Georgetown Park (Georgetown Metropolitan)  Gray and Brown said to be considering tax-funded bond program for Vornado to attract better tenants.

Toki Underground and Durkl teaming up for fashion / food market (CityPaper)  Maketto will be a 2-story space in the Atlas District.

Mortgage rates hit another new low (Mortgage News Daily)  The weak economic report causes rates to slide, resulting in the lowest rates ever, with 30-year fixed rates hitting 3.6%.

New soccer stadium could cost up to $157m (Washington Post) Greater Washington Sports Alliance says a new stadium could also generate up to $7m a year in revenue for the city with a 24,000 seat stadium.

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