10Y UST5.10%-1.73%30Y MTG7.40%SOFR3.89%+0.26%VNQ$91.76+0.35%XLRE$42.16+0.40%FED FUNDS3.88%
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Institutional Press Wire
Markets · DC

Washington

Government, defense, and a flight-to-quality office dynamic define the capital region, with data centers in Northern Virginia among the strongest asset classes in the country.

State of the Market

Washington at a glance

Updated continuously
Tracked items
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Most active: Office
10Y UST▼ −1.73%
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30Y MTG—
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SOFR▲ +0.26%
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Analyst’s read

The Washington commercial real estate market is navigating a complex landscape characterized by shifting demand dynamics and evolving tenant preferences. While office space continues to face challenges from remote work trends, sectors such as multifamily and industrial show resilience, attracting interest from various capital sources. Lenders are adopting a cautious stance, reflecting broader economic uncertainties, which may influence allocator strategies as they reassess risk and opportunity across the region's diverse property types.

Most active sectors
  • Office13
  • Capital7
  • Multifamily6
  • Hospitality5
  • Retail3
  • Land1
Coverage velocity

Items added to the wire per week · last 12 weeks

Latest activity

Monthly reports — Washington

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News Wire — Washington

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Multifamily Dive · Washington · Multifamily

3 notable office-to-residential conversions in DC

Washington is seeing a boom in adaptive reuse downtown, but for a conversion to be successful, “You need the good fundamentals. You need a good location,” National Real Estate Development’s Peter Epstein told Multifam…

Oct 15
Connect CRE · Washington · Office

Newmark Advises on Sale, Financing of Redmond Offices

Newmark assisted KBS with the sale of Offices at Riverpark, a 107,029-square-foot office and medical office building located at 15809 Bear Creek Parkway in downtown Redmond, Washington. Newmark Co-Head of U.S. Capital…

Oct 15
PR Newswire · Washington · Capital

Embassy Suites by Hilton Dulles Airport Announces New Ownership

All-suite hotel near Washington Dulles International Airport to undergo property renovations while serving business and leisure travelers visiting Northern Virginia. BETHESDA, Md., Oct. 14, 2026 /PRNewswire/ -- Embass…

Oct 14
Connect CRE · Washington

Townhome Property in Tacoma Sells at Record Price

Narrows Townhomes, a 15-unit townhome community located at 8524 19th Street W. in Tacoma, Washington, has sold for $7.3 million in a fully-marketed transaction arranged by Kidder Mathews . At $487,000 per unit, the sa…

Oct 14
Connect CRE · Washington · Office

ONE Street Secures $38M for Georgetown Office-to-Condo Conversion

Digital bank OakNorth and commercial real estate lender Hickory CRE Lending have provided a $37.8 million co-loan to ONE Street Commercial Properties to support the redevelopment of 3333 K Street NW in Washington, D.C…

Oct 14
Commercial Observer · Washington · Office

One Street Secures $38M Loan for D.C. Office-to-Condo Conversion

One Street Commercial Properties has secured $37.8 million in financing to convert a vacant office building in Washington, D.C., into luxury condos. OakNorth and Hickory CRE Lending provided the loan for the redevelop…

Oct 13
Connect CRE · Washington · Hospitality

JLL Secures Refinancing for AC Hotel Vancouver Waterfront

JLL ’s Hotels & Hospitality Group has arranged refinancing for the AC Hotel Vancouver Waterfront, a 150-key, seven-story upscale hotel located at 333 W. Columbia Way in Vancouver, Washington. JLL worked on behalf of t…

Oct 13
Connect CRE · Washington

Sidwell Friends School Lists Downtown Bethesda Campus for Sale

Sidwell Friends School, a private co-educational school with campuses in Washington, D.C. and Maryland, has retained Cushman & Wakefield to sell its lower school campus at 5100 Edgemoor Lane, located near the Bethesda…

Oct 13
Hospitality Net · Washington · Hospitality

Travel leaders name six biggest threats for startups in 2027

Six industry leaders at the Travel Tech Startup Summit in Washington DC identify AI obsolescence, broken acquisition funnels, and investor pressure as the top threats for travel startups heading into 2027.

Oct 13
Connect CRE · Washington · Multifamily

Apartment Property in Downtown Wenatche Changes Hands

Tamarack, a 23-unit apartment community at 211 N. Delaware Avenue in Wenatchee, Washington, has sold for $3.25 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team represented the…

Oct 9
Commercial Observer · Washington · Office

Jemal-Led JV Plans 323-Unit Office-to-Resi Conversion in D.C.

Jemal Real Estate , DivcoWest and JLS Capital have formed a joint venture to extend the wave of office-to-residential conversions in Washington, D.C. The JV plans to convert a 342,000-square-foot office building at 12…

Oct 8
Connect CRE · Washington · Office

Return to Lender: Week of Oct. 8, 2026

An office building near Capitol One Arena in Washington, DC has changed hands in a deed in lieu of foreclosure after a distressed loan on the building sold, the Washington Business Journal reported. An affiliate of a…

Oct 8
Connect CRE · Washington · Multifamily

Institutional Property Advisors Brokers $72M Puget Sound MF Sale

Institutional Property Advisors (IPA) , a division of Marcus & Millichap , announced the sale of The Groves Apartments, a 366-unit multifamily property in Kent, Washington. The $72 million sales price equates to $196,…

Oct 8
REBusiness Online · Washington · Multifamily

IPA Negotiates $72M Sale of Apartment Community in Kent, Washington

KENT, WASH. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the $72 million sale of The Groves Apartments, a multifamily property in Kent, a southern suburb of Seattle. RISE P…

Oct 8