Real Estate Leaders Push D.C. To Do Whatever It Takes To Keep Capitals, Wizards

With Virginia lawmakers passing a plan Monday night to lure D.C.'s NBA and NHL teams across the river, leaders in D.C.'s commercial real estate industry say the city needs to put on a full-court press to keep the teams downtown. 

The details of Virginia's offer aren't yet clear, as the plan was passed in a private session by a group of state legislators and still needs to be approved by the full General Assembly, The Washington Post reported. But the larger decision to come is from 

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CRE Marketing Jobs On The Chopping Block Amid Industry Slowdown

This holiday season appears to be a time of belt-tightening for companies in the struggling commercial real estate industry, and one type of role in particular is feeling the squeeze: marketing. 

With companies seeing reduced transaction volume and slowing development pipelines this year, firms from brokerage giants to regional development shops are looking for ways to cut costs. Several marketing professionals who spoke to Bisnow — four of whom have been laid off in recent months — say their jobs have become a top target in the industry’s latest wave of cutbacks. 

The cuts aren’t limited to firms in the disrupted office sector. Three multifamily development firms have laid off portions of their marketing teams in recent months, according to sources who lost their jobs with these companies: Toll Brothers Apartment Living,

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