Insights on Real Estate Development

In the six months since Facebook, Inc. rebranded to Meta Platforms, Inc., the idea of the “metaverse” has catapulted from a little-known science fiction fantasy to the forefront of popular culture. This year, digital real estate sales in the metaverse are expected to double and reach $1 Billion.[1]

Arent Fox recently advised Pacific Western Bank in connection with the financing of Storey Park, a premier mixed-use infill development in the dynamic NoMa neighborhood of Washington, DC.