Another factor to consider in addition to location, location, location when investing in commercial real estate is barriers to entry.
Real Estate
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Last month, Eleventh Street Development, LLC, got the green light from Arlington County to move ahead with its plans to transform the commercial buildings at the northwest corner of Washington Boulevard and Kirkwood Road into a seven-story apartment building.
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With the Fed raising interest rates, mortgage rates are following suit. Mortgage rates have been moving up slowly since last summer, and the pace of increases has picked up since the election.