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JBG sheds D.C. assets

By Inman News, Monday, June 2, 2008.

The JBG Cos. has sold a historic office building and a soon-to-be-built 10-story office tower in Washington, D.C., for an undisclosed price.

Dweck Properties purchased the project, located at 51 Louisiana Ave. and 300 New Jersey Ave., respectively.

Designed by the New York firm of Shreve, Lamb and Hamon (architects for the Empire State Building) and built in 1935, 51 Louisiana Ave. has 205,580 square feet of office space.  more...

Massive affordable housing deal

By Inman News, Monday, June 2, 2008.

Avanath Capital Partners and MacFarlane Costa Housing Partners have acquired Simpson Housing Solutions ("SHS") and its portfolio of 273 properties, which totals 26,000 affordable rental apartments in 33 states, the District of Columbia and Puerto Rico.  more...

N. Virginia tenants expand offices

By Inman News, Monday, June 2, 2008.

Normandy Real Estate Partners today announced 65,000 square feet of recent leasing activity in the Washington, D.C., area.

In Chantilly, Va., AOC Solutions Inc., an e-commerce and data management company for the government and private sector, expanded and extended its current lease at Glenview II to 20,000 square feet. Also at Glenview II, Keller Williams Realty Inc., an international real estate company with more than 600 offices in the United States and Canada, leased 6,785 square feet of office space.  more...

Home prices, construction spending fall

By Inman News, Monday, June 2, 2008.

The following is an Inman News roundup of real estate news:

California's Central Valley a hotbed for price declines
Two-thirds of all states showed year-over-year real estate price declines in March, according to a report released today by First American CoreLogic, a part of First American Corp.  more...

Trulia co-founder snubs marketing waste

By Inman News, Monday, June 2, 2008.
Sami Inkinen

Sami Inkinen co-founded real estate search company Trulia with Pete Flint in 2004 while they were studying for their MBAs at Stanford University.

Inkinen and Flint say they worked closely with real estate agents and brokers to understand their needs as well as leading computer scientists to build the service.

Inkinen now serves as COO of Trulia. He will speak at Real Estate Connect in San Francisco, July 23-25, 2008.

He answered a set of questions posed by Inman News:  more...

News analysis: Where's the beef in Case-Shiller attacks? Premium Content

By Matt Carter, Monday, June 2, 2008.

In back-to-back Inman News columns, Bernice Ross wades into the controversy over the reporting of home-price statistics. In Part 1, "Put a gag on Chicken Little," Ross argues that home prices are stabilizing, but that the media's emphasis on home-price indexes published by Standard & Poor's/Case-Shiller has created "a crisis in consumer confidence." In Part 2, "Where's the beef in home-price reports? "she details the bones she has to pick with the Case-Shiller index.  more...

Finding religion with real estate search

By Glenn Roberts Jr., Monday, June 2, 2008.

StopWandering.com, a Web site now in beta, displays real estate listings in proximity to synagogues in the United States. Another site, ShalomHome.com, offers referrals to real estate professionals who offer to guide clients to synagogues and other resources in a community.  more...