Foreclosure Showdown Looms Over The Line Austin As June Auction Nears
The Line Austin was flagged for a June foreclosure auction after an alleged $172M loan default, joining sister Line hotels in D.C. and L.A. that lenders already seized.
Downtown Bethesda Office Tower Dumped for Pennies on the 2011 Dollar
Brookfield sold the ground lease to 3 Bethesda Metro Center to In‑Rel for $20M, a dramatic markdown from the $150.1M Brookfield paid in 2011. The buyer plans a capital program to reposition the building.
Peakline Eyes $1.3B Opportunity Zone Fund
Peakline is racing to raise $1.3B for a two-track Opportunity Zone fund ahead of OZ 2.0, betting rural incentives will reshape where capital lands. The firm is moving now to align projects with the new map.
Dulles Owner Buys Fair Oaks JCPenney Building For $8M
Dulles Town Center owner Srini Chavali paid about $8 million for the J.C. Penney building at Fair Oaks Mall and plans to lease or subdivide the anchor space. The move gives a local investor control of a major parcel at the Fairfax mall.
International Square On The Ropes As Tishman’s $450 Million Loan Heads To Special Servicer
Tishman Speyer has sent the $450M loan on International Square to a special servicer ahead of its August maturity, highlighting refinancing strain in D.C.’s office market. The move follows years of slipping cash flow at the three‑tower complex.












