Hilton Alexandria Old Town Offloaded For Half Price In King Street Fire Sale
Lodging Capital Partners paid $58 million for the 252‑room Hilton Alexandria Old Town — roughly half of the $111M Ashford paid in 2018, according to filings. The sale highlights ongoing stress in the D.C. hotel market.
Samsung Biologics Drops $353M on Rockville Plant, Saves 500 Local Jobs
Samsung Biologics completed its Rockville acquisition, preserving 500+ jobs and adding a major East Coast biologics capacity. The company plans upgrades and new contract work at the site.
D.C. Staircase Showdown: Council Backs One-Exit Mid-Rises Amid Fire Fears
The D.C. Council advanced the One Front Door Act to allow some six‑story apartments with a single stair, a move supporters say could unlock infill housing while safety questions remain. Rulemaking will set the technical safeguards.
Reston Landlord Broad Street Realty Collapses Into Chapter 7 Fire Sale
Reston-based Broad Street Realty filed for Chapter 7; a court-appointed trustee will liquidate its shopping-center portfolio amid prior investor control. Tenants and creditors now await a timetable for sales.
Stream Finally Snags 2001 M Street Deed After D.C. Paperwork Pileup
Stream Realty recorded the deed to 2001 M St NW after the D.C. Recorder held the transfer over recordation taxes tied to an older entity conversion. The move clears title to the $163M office asset.
Mount Pleasant Condo Shake-Up: Developer Shrinks Controversial Conversion Plan
Dila Development pared back a Mount Pleasant condo conversion after preservation officials warned additions would overwhelm historic facades. Revised designs shrink rooftop and rear additions.
Crypto Crashes The Mortgage Party As Coinbase And Better Plug Into Fannie Mae
Better Home & Finance and Coinbase are piloting a product that lets buyers use bitcoin and USDC to fund down payments on Fannie Mae‑eligible mortgages. The setup keeps crypto intact while routing the mortgage into conventional channels.












