Morning Real Estate Review

State Services Organization signs a 15-year renewal for 237,848-square-foot of space in Washington (Virginia Business) In what is being described as the largest private-sector lease transaction in Washington, D.C., this year, the State Services Organization (SSO) Inc. has signed a 15-year, 237,848-square-foot lease at its current location at 400-444 N. Capitol St. NW.

CWCapital Selling $345 Million of Distressed Real Estate Debt (Bloomberg Businessweek) CWCapital Asset Management LLC, a firm specializing in troubled commercial mortgages, is marketing $345 million of distressed debt in its biggest sale ever as investors circle souring loans.

Short Sales Higher, Prices Lower (CNBC) Buyer traffic is strong, supply of homes for sale is low, and yet home prices continue to defy the usual formula, falling again in March.

Creating Amazing Outdoor Spaces (Patch) Whether you want to remodel or simply redecorate, when it comes to creating an outdoor space, it’s important to think beyond the typical to achieve amazing.