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Market Watch – Week Ending November 17, 2024

https://terringwanggroup.com/wp-content/uploads/2024/11/NOV17-Market-Watch.mp4The Washington DC real estate market for the week ending November 17, 2024, shows steady activity with mixed trends. Buyer interest remains strong, as evidenced by a 26.3% increase in showings year-over-year and a 14.4% rise from the previous week. However, new purchase contracts have slightly slowed down, down 2.3% from the...

AREAA Commercial Session – Pathways to Commercial Real Estate

https://terringwanggroup.com/wp-content/uploads/2024/11/AREAA-Final-1.mp4 🌟Exciting times in Vegas! I'm thrilled to have been a speaker at the commercial sections, sharing my journey from residential to full-time commercial real estate. Engaging with the audience was a fantastic experience, and I'm grateful for the opportunity to connect and share insights. 🌟 If you have any commercial or...

Pathway to Commercial Real Estate

Join us for an enlightening journey into the world of commercial real estate! 🌟 Terring Wang, AREAA DC Commercial Committee Chair, invites both members and non-members to an engaging event that promises to unveil the intricacies of the commercial real estate landscape. This is an exceptional opportunity for seasoned investors and newcomers alike to expand their knowledge and network...

NVR and Urban Atlantic Update Residential Plans at Parks at Walter Reed

The team responsible for the next growth phase of the Parks at Walter Reed is proposing a significant change: replacing condos with larger townhomes. Bethesda-based Urban Atlantic, Reston homebuilder NVR Inc. (NYSE: NVR), and architect BKV Group submitted plans this week to the D.C. Historic Preservation Office for 62 four-story townhomes on parcel H/K at the intersection of 13th Place and Dahlia...

New Holiday Markets Coming to D.C. – With a Twist

D.C. is set to welcome a new holiday market, but some drama surrounds the changes. Before shoppers can dive into festive shopping, significant behind-the-scenes shifts have occurred. This year, Dupont will host a new holiday market run by a familiar face, while the popular pop-up in Gallery Place will have new management. Here are the details on two key holiday shopping spots in D.C. (neither...

Donohoe Submits PUD for 127-Unit Project in Friendship Heights

Plans are advancing for a new residential building in Friendship Heights. Donohoe has submitted a planned unit development (PUD) application to DC for a 127-unit project at 4201 Garrison Street NW, just off Wisconsin Avenue. Initial details were shared with the public in March. The five-story building will feature a mix of one- and two-bedroom units, along with a penthouse level that includes about...

Embracing Diversity and Fun in Montgomery County

Explore some sightseeing, new cuisines, or exciting activities this fall! A Mural of Community Life "Wheaton Lives," a vibrant mural completed in June by Baltimore artist Bridget Cimino, captures the essence of Wheaton’s history and diversity. Spanning from a Native American village to modern-day scenes, the mural is a colorful tribute to the community's evolution and daily life, inviting viewers...

Approval Granted for Downtown Bethesda Apartment Building with Public Park

The redevelopment of a public surface parking lot in downtown Bethesda into a 12-story apartment building with up to 59 units is progressing following approval from Montgomery County planners. Led by Broad Branch Partners of Washington, D.C., the project includes the creation of a public park, which will be integrated into the downtown Bethesda Eastern Greenway as part of the 2017 Bethesda Downtown...

Eight MoCo restaurants to participate in Maryland Restaurant Week

Eight Montgomery County restaurants are joining the Restaurant Association of Maryland's fifth Maryland Restaurant Week, offering special menu items and deals from Friday through September 22. Here’s a look at the participating restaurants:Botanero800 Pleasant Drive, Suite 160, Rockvillebotanerorockville.comLocated in Rockville's King Farm neighborhood, this restaurant and wine bar...

16-Story, 325-Unit Building Pitched For Arlington’s Wilson Boulevard

Another small office building in Northern Virginia will be replaced with a substantial new residential development. The Meridian Group has plans in the works to replace a five-story office building at 2500 Wilson Boulevard with a 16-story residential building with 323 apartments. The development, designed by Studios Architecture, will also have 18,000 square feet of ground-floor retail and...

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