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Historic Black Church in DC is Sold to Anglican Congregation

Historic Black Church in DC is Sold to Anglican Congregation

by Phil Hall | Mar 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The historic Third Baptist Church, one of the oldest Black churches in Washington, D.C., has been sold to the Church of the Advent, an Anglican congregation in the nation’s capital. Third Baptist’s congregation dates back to 1857 and its 1893 building was designed by...
Lessee of Former Trump Hotel in DC Defaults on Loan

Lessee of Former Trump Hotel in DC Defaults on Loan

by Phil Hall | Feb 26, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CGI Merchant Group, the Miami-based investor that acquired the lease of The Trump International Hotel in Washington, D.C., in 2022 for $375 million, has defaulted on a $285 million loan related to the property. According to a Wall Street Journal report sourced from...
CoStar Group Relocates HQ from D.C. to Virginia

CoStar Group Relocates HQ from D.C. to Virginia

by Phil Hall | Feb 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

CoStar Group Inc. (NASDAQ: CSGP), a global provider of online real estate marketplaces, information, and analytics in the property markets, is moving its headquarters from Washington, D.C., to Arlington County, Virginia. The company is paying nearly $14 million to...
Ground Breaking on New DC-Area Apartment Complex

Ground Breaking on New DC-Area Apartment Complex

by Phil Hall | Nov 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Greystar Real Estate Partners LLC and Partners Group, a global private markets firm, have broken ground on a new apartment building in a suburb of Washington, D.C. The 26-story tower at 7340 Wisconsin Ave. in Bethesda, Maryland, was designed by SK& I Architecture...
Fox News’ Bret Baier Lists His Washington Mansion at $31.9 Million

Fox News’ Bret Baier Lists His Washington Mansion at $31.9 Million

by Phil Hall | Oct 19, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fox News anchor Bret Baier is seeking to break a record for the Washington, D.C., housing market through the sale of his mansion, which he has listed for $31.9 million. According to a Wall Street Journal report, Baier and his wife Amy Baier acquired the 1.5-acre...
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