Jon Banister

The investment giant took control of the Chevy Chase Plaza building through a deed-in-lieu-of-foreclosure transaction from an affiliate of Barings.

The owner unveiled long-awaited redevelopment plans for the 8.5-acre site on the edge of D.C.’s H Street corridor.

After state lawmakers released a budget agreement without funding for the Capitals and Wizards arena, Gov. Glenn Youngkin spoke out at a press conference.

The company acquired the 31-story Central Place tower in two separate transactions from JBG Smith and PGIM, Bisnow has learned.

Neumann’s real estate company, Flow Global, is reportedly seeking to buy WeWork out of bankruptcy with help from hedge fund manager Dan Loeb.

With more than twice the money of its first fund, Boundary Cos. plans to invest in residential, data center, industrial and self-storage properties.

International Baccalaureate is looking to sublease its 100K SF in the former Fannie Mae building at 3950 Wisconsin Ave. less than a year after opening.

Michael Joyce spent the last six years with Cushman & Wakefield, and before that he co-founded Richards Barry Joyce and sold it to Transwestern.

The National Association of Corporate Directors is relocating from Courthouse.

Carr Properties has listed the massive Midtown Center space as available in 2029, nearly 15 years after Fannie Mae signed the lease.

Southwest D.C. office building sells for over $150M, Bell Partners buys Alexandria apartments, United Therapeutics plans new Silver Spring facility, and more.

The layoffs aren’t limited to the office and brokerage sectors: multifamily firms Toll Brothers, Morgan Properties and Foulger-Pratt have cut marketing staff.

Virginia lawmakers passed a plan to lure the NBA and NHL teams across the river, and industry leaders say D.C. must fight to keep the teams downtown.

Monday Properties’ 1812 North Moore St. landed Nestlé’s U.S. headquarters in 2017, but it still has over 100K SF vacant as it heads to foreclosure.

Britt Snider, who spent 13 years with JBG before working at WS Development and Redbrick, has been named chief operating officer at COPT.

Ease Capital aims to fill a void in the market for multifamily loans under $35M that have been affected by the regional bank pullback.

Joel Marcus, co-founder of Alexandria Real Estate Equities, played a key role in shaping the life sciences industry and is now leading it through a storm.

The Montgomery County Planning Board is preparing to vote on a $10.4M deal to acquire a 1-acre property on Old Georgetown Road from Douglas Development.

Artemis takes control of Metropolitan Square, MRP lands financing for an affordable housing project, the SEC signs a major lease extension and more.

The extension comes as the agency’s deal with Douglas Development and Midtown Equities to build a new headquarters in NoMa has struggled to move forward.