real estate

News

Morning Notes

By James Cullum
A dog takes the back seat in the Arlandria neighborhood of Alexandria. (staff photo by James Cullum)

School year starts at Samuel W. Tucker Elementary School — “With a little uncertainty and a lot of hope, Alexandria enters a new chapter for its students.” [Zebra]

Brokerage firm KLMB chosen to find tenants for Landmark Mall — “The first phase of the 4.2 million-square-foot mixed-use redevelopment, to be anchored by a 1 million-square-foot Inova Health System hospital, isn’t slated to deliver until mid-2025. But KLNB and the development team, including Foulger-Pratt, Howard Hughes Corp. (NYSE: HHC), and Seritage Growth Properties (NYSE: SRG), have started working on a retail master plan to identify potential anchor tenants — which they hope will then help draw smaller shops and restaurants to the development.” [Washington Business Journal]

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News

Morning Notes

By James Cullum
The Contrabands and Freedmens Cemetery Memorial at 1001 S. Washington Street in Old Town (staff photo by James Cullum)

 

Volunteers needed for ACPS food distribution — “Kids should ask ‘What’s for lunch?’ not ‘Is there lunch?’ Help distribute two days worth of meals for @ACPSk12 students on Mondays, Wednesdays, or Fridays. Volunteers are needed for both mobile pop-ups and curbside locations.” [Twitter]

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Listing of the Day: 711 Prince Street

By Sponsor

Circa 1800, this exquisite Old Town home affords grand style with comfortable living set on spacious lushly landscaped grounds. A covered porch and gorgeous entrance greet you upon arrival, graced by a leaded glass fanlight and sidelights showcasing an original curved staircase with a shadow rail. Generously proportioned rooms are designed for intimate and large-scale entertaining with high ceilings, eight fireplaces with original mantels and crystal chandeliers.

The chef will be inspired by the gourmet kitchen equipped with honed marble countertops, elongated center island, and premium appliances, which opens to the light-filled breakfast room overlooking the backyard oasis. The new family room addition features a gas fireplace, wet bar and heated floors providing a casual space for get-togethers or movie nights.

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Ask McEnearney: What are residential closing costs and how do they affect me?

By Sponsor

Question: What are residential closing costs and how do they affect me?

Answer: One of the realities associated with the purchase and financing of residential real estate is the fact there will be transaction costs generally referred to as closing costs. Understanding, well in advance, what those costs will be is useful in planning for the purchase.

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Ask McEnearney: Have the stars aligned for downsizing?

By Sponsor

Question: Have the stars aligned for downsizing?

Answer: Despite the pandemic, or partly because of it, the seller’s market in real estate has continued. A several-years-long trend toward fewer houses on the market has only become a more acute shortage. As we all obeyed stay-at-home orders, even fewer of us were selling our houses than in prior years.

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