Tuesday, October 2, 2012

Georgia Ave church fights historic designation (Washington Post)  Once home to the New York Theater, the church at Georgia Avenue and Quebec place is the subject of a fight between parishioners and preservationists.

New Capitol Hill office building opens (Legal Times) Boston Properties bought 500 N. Capitol 2 years ago and stripped the building to its core.  The new office building, between the Capitol and Union Station, opened its doors this morning featuring main tenant McDermott, Will & Emery.

Long & Foster buys Randall Hagner (Fairfax News) Long & Foster's W.C. & A.N. Miller purchased the residential arm of commercial real estate company J Street.  Will the new company be called W.C. & A.N. Miller's Randall Hagner, a Long & Foster Company?

Mortgage rates set more record lows (HousingWire) With ever fewer borrowers having old, high-interest loans, mortgage giants are lowering rates to squeeze out the last few holdouts.  What happens when they're gone too?

18% of residential buyers are investors (National Association of Realtors)  The August numbers are higher than average, reflecting that fact that investors can often have positive cash flows immediately.


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