CoStar Sells Washington, D.C. Building in Sign of Commercial ...

A year ago, when the Mortgage Bankers Association sold its headquarters building in Washington, D.C., at a big loss, we saw the deal as yet another symbol of the depth and breadth of the real-estate bust. ... That building has traded again, and this time the latest deal shows the breathtaking speed of the market's rebound in places like Washington where yield-chasing investors are pouring cash into commercial real estate. A German property-fund manager is buying the ...

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