UDR and KFH Acquire Luxury Apartments in Washington, DC



UDR has announced a joint venture with Kuwait Finance House (KFH) to acquire 1301 Thomas Circle in Washington, DC, a luxury apartment community within walking distance of the White House. The deal is reportedly worth $154 million. 1301 Thomas Circle is a 292-unit luxury apartment community in the Logan Circle neighborhood, which is less than […]

Pending Home Sales SOAR in D.C. Up 31%



MRIS data showed that the Washington region posted its highest monthly and yearly increase in pending sales in more than a decade, with 3,198 purchase contracts signed in January. Was this just luck? Or, is someone in DC actually working for their dinner?

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