COMMERCIAL REAL ESTATE

Miami-based Exan Capital has entered into an agreement with JBG Smith to acquire the Executive Building at 1399 New York Ave. NW for $121 million. The move is part of JBG’s strategy of selling its D.C. office assets, which it believes could generate $700 million of capital. Read more at BisNow.

 

HEALTHCARE

Arlington-based Evolent Health Inc. has entered in an agreement to acquire Wellesley, Massachusetts-based New Century Health for $217 million in a deal expected to close by the end of the year. The acquisition will allow Evolent to better manage high-cost specialty care via New Century’s cancer and cardiac care programs. Read more at the Washington Business Journal.

 

COMMERCIAL REAL ESTATE

Foulger-Pratt has secured equity financing for its $200-million-plus Tysons office building from USAA Real Estate Co. The 25-story tower will be part of the $750 million, 1.5 million-square-foot mixed-use project, Tysons Central, located near the intersection of Leesburg Pike and Chain Bridge Road. Read more at Washington’s Top News.