(Washington Post) — Washington has its share of developers who drew up grand plans before the fall of the real estate and capital markets only to forfeit them — whether by choice or foreclosure — as the recession endured. Those who have hung on, however, are cutting deals to accelerate work now that the economy has offered glimmers of hope.
A slew of D.C. developers have brought in new partners in recent months, either as co-developers, co-investors or both to keep projects on track.
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