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CIM Group Sheds DC Apartment Building With 13% Haircut

CIM Group Sheds DC Apartment Building With 13% Haircut
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This Week's D.C. Deal Sheet

Texas A&M expands downtown, a Fairfax mixed-use development gets the green light and Bernstein Management Corp. hires Edward Chaglassian from JBG Smith. ....

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Flexible-Use Multifamily Developer Placemakr Raises $65M

The company plans to deploy capital on new acquisitions. Placemakr, a flexible-use multifamily and hospitality operator, has raised $65 million in new funding. ....

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The End is Here: Raze Permit Filed For Wendy's at Dave Thomas Circle

The application to raze the infamous fast food location at New York and Florida Avenues was filed with DC on Tuesday. ....

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What would it take to turn more offices into housing?

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. ....

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