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Joint Venture to Convert DC Office Property into Multifamily Community

Joint Venture to Convert DC Office Property into Multifamily Community

by Phil Hall | Jun 16, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A three-company joint venture has been formed to acquire an office property in the Georgetown neighborhood of Washington, DC, and convert it into a multifamily community. According to the companies, the redevelopment will transform two adjacent 1980s-vintage office...
Treasury Secretary Bessent Buys DC Mansion for $12.5 Million

Treasury Secretary Bessent Buys DC Mansion for $12.5 Million

by Phil Hall | Feb 3, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The newly sworn-in Treasury Secretary Scott Bessent is making himself as home in Washington, DC, at a historic mansion that he acquired for $12.5 million. According to a Wall Street Journal report sourced from unnamed “people familiar with the deal,” the property in...
Auction Scheduled for Jacqueline Kennedy’s Georgetown Mansion

Auction Scheduled for Jacqueline Kennedy’s Georgetown Mansion

by Phil Hall | Oct 6, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The luxury home purchased by First Lady Jacqueline Kennedy following the assassination of President John. F. Kennedy will be the subject of a no-reserve auction on Oct. 24. The property is based in the Georgetown section of Washington, D.C., and was designated as a...

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