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   Top virginia real estate news stories...  
     
  LaSalle Acquires Three Hotels for $292.5M  
  LaSalle Hotel Properties has completed the acquisition of two hotels in Philadelphia and one in San Francisco, while selling off an asset in New Jersey. The Bethesda, MD-based hospitality REIT acquired the 294-room Westin Philadelphia and the 288-room...  
   
  CoStar's People of Note (Aug. 29-Sept. 4)  
  This week's People of Note includes the following markets: Atlanta, Inland Empire, Los Angeles, Milwaukee/Madison, New York City, Orange County and Washington, DC. ATLANTA Green Bldg. Expert Joins Grubb's Office Group Grubb & Ellis Co. appointed...  
   
  CoStar Repeat Sale Indices: Distress Contributing to a 'Shaky Bottom' for CRE Sales, Pricing  
  The CoStar Commercial Repeat-Sale Indices (CCRSI), produced by CoStar Group, found that investment-grade property continued to decline in value for the second straight month in July. Properties of sufficient quality and size for inclusion in large...  
   
  Tenants, Landlords Could Face Dramatic Changes from New Lease Accounting Rules  
  Northrop Grumman Corp.'s decision in July to relocate its corporate headquarters from Los Angeles to a 14-story, 334,385-square-foot building it acquired in Falls Church, VA, was a huge economic development victory for Fairfax County and the state of...  
   
  Bank Watch: Regulator Says Bankers, Not Bricks, Main Reason Behind Most Bank Failures  
  Don't blame the current wave of bank failures on commercial real estate; much of the blame belongs to bad bankers. While it is clear that commercial real estate and construction and land development loans have figured in most every bank failure in...  
   
 
 
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