Friday, November 09, 2012

Morning Real Estate Fix


Apartment dynamics look strong for next 2 years (Costar) Picking up for the 7th quarter in a row, as rents continue to rise and tenancy is still ascendant.

Congress requests study on building heights in DC (Washington Post)  Congressman Darrell Issa has requested review of the Districts's building heights law.  Over the next year, NCPC will study - just study - building heights.

Ribbon cutting for Penrose Park on Columbia Pike (Arlnow) The Arlington park, at 2503 Columbia Pike, held a ribbon cutting on Thursday.

Toll Brothers buy southeast DC lot from Cohen for development (JDland)  The lot, on the same block as Velocity condos, has been purchased by Toll Brothers for $14m, adding to their real estate holdings on that block.

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