By Katherine Schaefer On Wednesday, the Mortgage Bankers Association announced it has signed an agreement to purchase a new commercial building at 1331 L St. NW to serve as its new headquarters in 2008. Currently housed in leased space at 1919 Pennsylvania Ave. NW for the last seven years, the $53.7 million budget association plans to occupy 65,000 square feet of the new 170,000 square foot of the new building that is currently in the beginning phases of construction. “The commercial real estate environment in Washington, D.C. continues to be favorable for owning, and we are very excited at the prospect of designing and owning our own space. And, quite frankly, it is only… Read More