Real Estate

The Michaels Organization in partnership with Ainger Place Development Corp is developing 72-unit Ainger Place Apartments in the Randle Heights neighborhood of Washington, D.C., which will provide affordable housing to residents earning between 30% and 50% of the area median income.

Wells Fargo bank on Tuesday announced $1.6 billion funding in lending and philanthropic investment for revitalizing Washington, D.C. over a period of five years.

Washington metro area ranks No. 9 among ten cities with the highest foreign-born homeownership rates, with a rate of 14.3 percent, according to a new study by LendingTree. In D.C. area the overall homeownership rate is 63.6 percent.

Several luxury lifestyle hotels are coming to D.C which is good news for the hospitality development in the city.

D.C.’s shadow rental market, comprising of housing units rented out by owners, is the main source of lodging for low and middle-income families.

The number of homes owned by millennials is increasing as people who are 37 and younger comprise the largest share of home buyers at 36 percent in 2017, as per a report from the National Association of Realtors.

12 LGBTQ youth to get housing from Supporting and Mentoring Youth Advocates and Leaders (SMYAL) in partnership with D.C. Department of Human Services.

DC Mayor Muriel Bowser will be opening The Horizon, a short-term family housing program, in the District’s Ward 7 on October 9.