Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
November 12, 2024

Jair Lynch Seeks To Convert Part Of Shuttered Swingers Mini-Golf Space Into Apartments

Don't Miss Thursday's Women Leading Real Estate Awards & Happy Hour

The owner of a mixed-use building one block away from Nationals Park has given up on leasing its second floor to another retail tenant after it lost an upscale mini-golf concept last year. 

Jair Lynch Seeks To Convert Part Of Shuttered Swingers Mini-Golf Space Into Apartments

Jair Lynch Real Estate Partners filed a request for a modification of consequence with D.C.’s Zoning Commission late last month to convert the second-floor retail space of the 312-unit The Kelvin building into 16 residential units.The developer cited…

Read the full story here.

  Share:  
 
Perforation

Top Stories on Bisnow.com

Amazon Plans Grocery Delivery Platform To Rival Walmart, Kroger and Target Amazon Plans Grocery Delivery Platform To Rival Walmart, Kroger and Target
CRE’s DEI Drive Faced Setbacks But Achieved Minor Gains Amid 2024's Market Slowdown CRE’s DEI Drive Faced Setbacks But Achieved Minor Gains Amid 2024's Market Slowdown
Six Flags Considers Selling Some Amusement Parks Six Flags Considers Selling Some Amusement Parks
Nightingale Properties' Midtown Office Tower Seized By Lenders Nightingale Properties' Midtown Office Tower Seized By Lenders
Perforation

Fewer Regulations, More Need Await Multifamily Developers In New Trump Era

Housing affordability and availability are among the top priorities for many Americans, and after last week’s election of Donald Trump back to the highest office in the land, many in the housing development world anticipate swift, meaningful action in the form of reduced regulations and increased land availability.

Trump’s first presidency and his campaign promises offer a road map for where he might go, aided by a Republican-majority Senate. But times have changed dramatically from Trump’s first turn through the Oval Office, with a starkly different economy injecting a degree of uncertainty around what changes could come to housing in a new Trump term.

Fewer Regulations, More Need Await Multifamily Developers In New Trump Era

“The debt and deficit realities are different,” Mortgage Bankers Association Senior Vice President for Legislative and Political Affairs Bill Killmer said. “The interest rate environment is different. The way the capital markets are reacting to the potential for a growing debt load and deficit…

Read the full story here.

  Share:  

 
Perforation

Healthcare Realty Trust Replaces CEO As REIT Fails To See Boost From Market Rally

The CEO of Healthcare Realty Trust abruptly stepped down and left the board of directors as the REIT struggles against its publicly traded peers.

Todd Meredith will be replaced on an interim basis by current board member Constance Moore, effective immediately, the company announced Tuesday.

The REIT, which reported $12B in real estate assets at the end of the third quarter, has struggled despite a broader sector rebound. Healthcare REITs broadly have returned 28% this year though Oct. 15, while Healthcare Realty Trust returned 6.6%, according to a Seeking Alpha report.

Healthcare Realty Trust Replaces CEO As REIT Fails To See Boost From Market Rally

“The Board of Directors of Healthcare Realty is committed to taking actions it believes will drive long-term shareholder value,” Moore said in a statement. “I look forward to executing on the Company’s strategic initiatives in my role as interim President and CEO.”The change in top leadership comes after

Read the full story here.

  Share:  
 
Perforation

In Case You Missed It...

This Week's D.C. Deal Sheet: $460M Gaming Resort Opens In Prince William County This Week's D.C. Deal Sheet: $460M Gaming Resort Opens In Prince William County
Trump Victory Elicits Fear In D.C’s Downtrodden Commercial Real Estate Industry Trump Victory Elicits Fear In D.C’s Downtrodden Commercial Real Estate Industry
Penzance Looks To Add 3 Residential Towers To Rosslyn Skyline Penzance Looks To Add 3 Residential Towers To Rosslyn Skyline
Gartner Pays $48M To Terminate Rosslyn Lease, Clear Path For CoStar's HQ Move Gartner Pays $48M To Terminate Rosslyn Lease, Clear Path For CoStar's HQ Move
Foreclosure Auction Scheduled For New Capitol Hill Apartment Building Foreclosure Auction Scheduled For New Capitol Hill Apartment Building
 
Perforation

CBRE: Formerly Sluggish Commercial Real Estate Lending Market Sees Strong Growth in Q3

CBRE: Formerly Sluggish Commercial Real Estate Lending Market Sees Strong Growth in Q3  

CBRE originated or brokered enough loans in the third quarter to see double-digit percentage growth from both last quarter and last year, indicating CRE lending activity is improving after months in the doldrums, according to a new report.

The CBRE Lending Momentum Index increased 13% quarter-over-quarter and 15% year-over-year, bringing it closer to reaching average five-year prepandemic levels, the report shows. Investment sales volume also showed signs of stabilization and came in at $90B, though the volume is nowhere near the fourth-quarter 2021 high of $350B, according to…

Read Full Story

  Share:  
 
 
BISNOW
 
       
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships. The views and opinions expressed in advertisements throughout this publication (digital ads and orange text links) are those of the advertiser and do not necessarily reflect the views and opinions of Bisnow. Some ads may contain affiliate links from which Bisnow may receive a small fee.
 
This email was sent to: 1
 
   
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 81600