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Eight Northern Virginia medical offices sold in joint venture
Remedy Medical Properties and Kayne Anderson Real Estate recently acquired eight Northern Virginia medical office buildings.
Chesapeake approves 130+ condo development
Chesapeake City Council last week approved a rezoning request that will allow for the construction of up to 137 condo-style units.
US home sales fall in June as prices soar to new heights
LOS ANGELES (AP) — Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels. Existing home sales fell 2.7% last month from May to a seasonally adjusted annual rate of 3.93 million units, the Nati[...]
Home sales increase across Virginia
Housing sales increased year-over-year in north Northern Virginia, Central Virginia and Hampton Roads, signaling a healthy market.
Richmond Realtors assoc. survey: Housing affordability tops Richmond voters’ concerns
Housing affordability and availability are the most pressing concerns for Richmond voters, according to a new citywide survey.
Bon Secours breaks ground on new medical office building at St. Francis
Bon Secours on Wednesday broke ground on a three-story, 87,790 square-foot medical office building in Chesterfield County.
Virginia Beach developer building $80M mixed-use development
Construction is underway on an $80 million Virginia Beach project to transform a former elementary school site into a mixed-use development.
Investors snap up 27% of U.S. homes as buyers retreat
LOS ANGELES (AP) — Real estate investors are snapping up a bigger share of U.S. homes on the market as rising prices and stubbornly high borrowing costs freeze out many other would-be homebuyers. Nearly 27% of all homes sold in the first three months of the year were bought by investors — the highest share […]
Average long-term US mortgage rate falls to 6.67%, the lowest level since early April
NEW YORK (AP) — The average rate on a 30-year U.S. mortgage fell for the fifth straight week to its lowest level since early April, an encouraging sign for potential buyers who have wrestled with rising home prices. The long-term rate fell to 6.67% from 6.77% last week, mortgage buyer Freddie Mac said Thursday. A year [&helli[...]
CIA pays Peterson Cos. $246M for Virginia office building
The CIA recently purchased a massive 10-story office building in Chantilly for $246 million, according to Fairfax County tax records.
HUD to move into National Science Foundation building in Alexandria
HUD is relocating its headquarters from Washington, D.C., to the National Science Foundation building in Alexandria.
JBG Smith acquires Tysons Dulles Plaza for $42.3M
JBG Smith announced last week that it has acquired Tysons Dulles Plaza — a 15-acre office campus in Tysons that houses three-buildings.
