Local CRE Trends

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:

Mortgage rate deals for week ending Jan. 24, 2022: Top offers from lenders
The mortgage offers marketed on Bankrate.com grew less generous in the past week. The average rate on mortgages clicked on by Bankrate readers Sunday rose to 3.21 percent from 3.13 percent the...

Ginnie Mae removes a step for servicers on some FHA loan modifications
New streamlined documentation requirements could make it easier for mortgage companies to quickly help some borrowers with long-term losses of income from the pandemic as temporary payment...

Investors are feeling too giddy about the economy
The pandemic continues to call the shots for the economy. Each wave of the virus has done significant damage, with Omicron now hitting the economy hard. December retail sales slumped as households...

Jan. 24, 2022: Mortgage rates spike over last few weeks - CNET
Yes, mortgage rates are rising steadily this year. Here's what to know about getting a favorable rate for your home loan. A number of mortgage rates surged today to the highest they've been since...

Rising Interest Rates May Be Leading To Revaluations In Stock, Bond, And Housing Markets
Key Takeaways: Equity Index Futures Bounce Back From an Overnight Selloff as Investors Try to Hang on to the Gains Stocks Fell on Tuesday as Interest Rates and Oil Prices as well as a Rare Miss by...

Today’s mortgage refinance rates increase – January 24, 2022
Zach Wichter is a mortgage reporter at Bankrate. He previously worked on the Business desk at The New York Times where he won a Loeb Award for breaking news, and covered aviation… 4 min read Jan....

Today’s national mortgage & refinance rates, January 24, 2022: Rates rise
Mortgage interest rates rose for all types of loans compared to a week ago, according to data compiled by Bankrate. Rates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans edged...

Current mortgage rates for Jan. 24, 2022: Rates go up
Today a number of major mortgage rates increased. See how that could affect your home loan payments. A few notable mortgage rates saw an increase today. The average interest rates for both 15-year...

Florida is Arguably the Hottest CRE Market
NAR and other industry analysts assess a variety of areas worth paying attention to in 2022. Florida was...

January FOMC meeting preview: Fed ready to hike rates and unwind stimulus as inflation surges
It’s a new year and new era for Federal Reserve policy — and the world is about to learn just how aggressive the U.S. central bank is willing to get with removing stimulus from a rapidly heating...