October 20, 2019

What a fresh $55M means for a fast-growing local cannabis company

D.C.-based Holistic Industries has raised $55 million to further accelerate its rapid expansion. The local cannabis company surpassed an initial $50 million ceiling, which we first […]
October 20, 2019

Raytheon secures $384M contract for Patriot defense radar

Raytheon Corp. will build the next generation of air and missile defense radar for the Army’s Patriot system, officials said Thursday. The Waltham, Massachusetts-based defense contractor […]
October 20, 2019

2 indicted in $5.6M DC real estate scheme

A loan broker from Bethesda, Maryland, and a settlement agent from Oakton, Virginia, are accused of trying to trick lenders into loaning more than $5.6 million […]
October 20, 2019

District judge strikes down restraining order on Intralot sports wagering contract

A D.C. Superior Court judge struck down a request for a preliminary injunction on the District’s $215 million sole-source sports wagering and lottery contract with Greek […]
October 20, 2019

Tax Credit Investment Market Booms, But More Can Be Done To Solve Housing Crisis

Thanks to an unprecedented demand for affordable housing — and strict banking regulations — the investment market for Low-Income Housing Tax Credits is booming like never before. […]
October 20, 2019

Apartment Development ‘Starting To Ramp Up’ In D.C.-Area Opportunity Zones

The opportunity zone program took some time to begin spurring new development, as the federal government spent months finalizing the regulations, but it finally appears to be impacting apartment […]
October 20, 2019

Redevelopment Of Historic U Street School Breaks Ground

A 132-year-old former elementary school building in D.C.’s Shaw neighborhood will soon be given new life. Developer Community Three and D.C. officials celebrated the groundbreaking Thursday […]
October 20, 2019

GSA Announces Planned Building Purchase in Southeast Federal Center for Department of Transportation Headquarters

WASHINGTON – The U.S. General Services Administration today exercised the purchase option contained in its current lease for the U.S. Department of Transportation headquarters at 1200 […]
October 15, 2019

D.C. Mayor Muriel Bowser wants more low-cost housing in affluent city neighborhoods

The D.C. government plans to sharply increase low-cost housing in some of the District’s most affluent neighborhoods to spread it more equitably throughout the city and […]