Monday, April 23, 2012

Freddie Mac Names Top Multifamily Lenders for 2011 (Globe St.) CBRE Capital Markets, NorthMarq Capital and Berkadia Commercial Mortgage were the highest-producing multifamily mortgage sellers of 2011 for Freddie Mac, with the firms completing $4.13 billion, $2.14 billion and $1.68 billion in deal volume, respectively.

Northeast DC a new haven for restaurants (Washington Post) In an area once devoid of good restaurants, eateries are springing to life.

Norton a wet towel on amending height limits (Washington Post) While Gray and Issa join forces to support some simple amendments to the federal height limit laws, Norton throws cold water on the idea.

Anatomy of a failed condo project (Washington Post) The Post takes a look at the failure of the Oasis, an ill-conceived townhouse and condo project that sits empty on Florida Ave., a victim of bad development and architecture.

Lowball offers disappearing as market improves (Boston Herald) Though not a scientific survey, the national market seems to be losing lowball offers, a sign that things are improving.

Architect Demand Grows For Fifth Consecutive Month (CoStar) Demand for the services of architects rose modestly for the fifth straight month in March, prompted by a growing number of commercial real estate development projects on the drafting table for future construction, according to the Architecture Billings Index (ABI).

CoStar: Foreign investors still interested in D.C.'s office market (Washington Post) Recent transactions have reaffirmed overseas investors’ longtime interest in the District of Columbia’s core office market.

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