Courtesy of ASB Real Estate Investments The office building at 64 New York Ave. NE.
A handful of big deals closed in April, several buildings have come onto the market, and experts believe that D.C.-area investment sales volume will increase significantly in the second half of this year.
The renewed activity in the capital markets comes as more employers are planning to bring employees back to the office this year, giving investors the confidence to place large bets on the office market s future. The bets that have been placed thus far have been on the safest assets those with long-term, stable tenants but experts see investors beginning to take a closer look at assets with vacancy or upcoming lease expirations that create more risk, but also more opportunity to add value.
Hello, and welcome to the Eagle Bancorp Incorporated First Quarter 2021 Earnings Call. [Operator Instructions]
It is now my pleasure to turn today s meeting over to Chief Financial Officer, Charles Levingston. Please go ahead.
Charles D. Levingston
Executive Vice President and Chief Financial Officer of Eagle Bancorp, Inc. and Eaglebank
Thank you, Sean. Good morning. This is Charles Levingston, Chief Financial Officer of Eagle Bancorp. Before we begin the presentation, I would like to remind everyone that some of the comments made during this call may be considered forward-looking statements. While our growth and performance over this past quarter has been positive, we cannot make any promises about future performance, and it is our policy not to establish with the markets any formal guidance with respect to our earnings.
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