Local CRE Trends

Webinar
ULI Washington: Southern Management’s $2.4B Transaction: Inside The Deal

On July 13, 2020 we took a deep-dive into this transaction via a ULI case study webinar. Joining us was Suzanne Hillman of Southern Management, Jeff Hayward of Fannie Mae, Brendan Coleman of Walker Dunlop, and Leslie Ludwig of L&L Advisors. The webinar gave us a great opportunity to learn about the complexity and nuances of the transaction and hear from some of the other key leaders who made it happen. Click here to access recording.
 
For more information see the article: Leadership Insights from Candace Chazen and Charlotte Troup Leighton:

At a time when we have experienced months of challenges none of us would have ever imagined – the triple threats of COVID-19, the employment and financial impact, and then the extraordinary protests once again calling for imperative, true, and lasting equality, we wonder if there is any good news to counterbalance what is playing out on the global stage. Where are we finding collaboration, patience, creative problem-solving — and solutions? And can we in commercial real estate forge forward during a time of confusion, distraction and uncertainty in not only the markets, but in our society and common humanity? We found that answer to be “yes, we can.” Read More….

Discover What’s New and Interesting in Our Backyard

As the nation’s capital, Washington, D.C. is steeped in history and is renowned for its distinctive character: it is at once an epicenter of politics, world-class tourist destination, working federal city and home to more than 672,000 residents.

The Washington metropolitan area, which includes “the District” and parts of Maryland, Virginia and West Virginia, is home to approximately 6.1 million residents and is the sixth-largest metropolitan area in the United States. As a major international hub for government, big business and tourism, our nation’s capital and its surrounding states feature some of the most dynamic and complex commercial real estate in the country.

Washington, D.C. has been experiencing an urban renewal for the past two decades, with billions in new investments in its downtown area, nearby neighborhoods and waterfront area. Investment in new retail, restaurants, and entertainment options have resulted in a population surge, according to the Washington DC Economic Partnership (WDCEP). The D.C. population has increased by 9 percent since 2010, and retail construction is on the rise to meet the population demand, with 1.9 million retail square footage under construction, according to WDCEP.

The area’s diverse economy creates unique opportunities for commercial real estate development. In May 2017, Washington, D.C. was named #6 on the IESE Cities in Motion Index, which ranks the world’s “smartest” cities analyzing their level of development in 10 key areas: governance, urban planning, public management, technology, the environment, international outreach, social cohesion, mobility and transportation, human capital and the economy. Easy access to lawmakers, close proximity to cybersecurity investment dollars, and a number of smart initiatives help to strengthen the commercial real estate market.

Commercial real estate construction remains at a fevered pace, the most since 2008, according to global real estate services firm Colliers International, with just over half of the space already committed after the first quarter of 2017.

About Fidelity National Financial

Fidelity National Financial, Inc. (FNF) is currently ranked #288 on the 2021 FORTUNE 500®*, and is among numerous defense, energy, media, hospitality and financial FORTUNE 500®* companies based in the region. Our Atlanta-based team of CRE professionals works in all facets of the industry, including power and energy projects, office buildings, industrial parks, multifamily housing, retail properties, government contracts, corporate transactions and more.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the FNF Newsdesk.

*FORTUNE®” and “FORTUNE 500®” are registered trademarks of Time Inc. Time Inc. is not affiliated with, and does not endorse products or services of, Fidelity National Financial, its subsidiaries, or affiliates.


The Latest Articles From the FNF Newsdesk:

Fannie Mae slashed 2021 mortgage forecast over lack of supply
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U.S. homebuilder sentiment rises for first time in five months
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Mortgage interest rates for Sep. 20, 2021: Rates cool off
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September Fed meeting preview: What’s the next move for winding down pandemic support?
The Federal Reserve will likely be plotting an exit strategy at its September meeting, hoping to figure out how to back away from the dramatic and sweeping measures it took to backstop the economy...

Today’s mortgage refinance rates drop : September 20, 2021
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Today’s national mortgage & refinance rates, September 20th, 2021 – Most rates fall
Mortgage interest rates were mostly down compared to a week ago, according to data compiled by Bankrate. Rates for 30-year fixed, 15-year fixed and jumbo loans receded, while rates for adjustable...

Navy Federal Credit Union Certificate (CD) Rates: September 2021
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How to buy a house out of state
Whether your motivation is to move closer to family or a new job, invest in a second home or take advantage of the remote work environment, there are many reasons you may be looking to purchase a...

Best Denver mortgage lenders in 2021
If you want to buy a new home in Denver, you’re going to need to follow a key strategy: act fast. Homes in Denver are only on the market for an average of six days, according to real estate brokerage...

Best Chicago mortgage lenders in 2021
Whether you’re looking to buy a new home or refinance your mortgage in Chicago, there’s good news: Home prices aren’t rising quite as quickly in The Windy City when compared with the rest of the...