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Texas A&M expands downtown, a Fairfax mixed-use development gets the green light and Bernstein Management Corp. hires Edward Chaglassian from JBG Smith.
The company plans to deploy capital on new acquisitions. Placemakr, a flexible-use multifamily and hospitality operator, has raised $65 million in new funding.
Vast amounts of empty real estate are a crisis for building owners. But some politicians and business leaders hope they can be converted into something new and transform downtown neighborhoods.