Tuesday, August 28, 2012

Morning Real Estate Review


Akridge takes on new partner at 1200 17th Street (Herald Online)  Akridge announces that Mitsui Fodusan America has bought out First Potomac Realty Trust on its portion of Akridge's office development.

Bob Peck joins Gensler, expanding consulting practice (Washington Post)  Peck, who formerly headed the GSA's Public Building Commission, will serve as a regional head of office design consulting.

Trumps' rejuvenation of Old Post Office recalls Willard renovation (Washington Post) The resuscitation of a historic hotel draws comparisons to Oliver Carr's work reviving the Willard in 1981, though 30 years ago Pennsylvania Avenue was a much different place.

Repeated home refinancing: how low can you go? (Wall Street Journal) Homeowners are repeatedly financing as incentives go up and costs go down.

As housing recovers, will apartment boom end? (CNBC)  With housing showing early (though not consistent) signs of recovering, will it have an effect on the high rents being demanded by apartment builders?

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