ROCKVILLE, MD-Local restaurants and retailers commit to space in the 12.5-acre mixed-use community. Plans call for 644 condominiums, 180,000 sf of retailers, a 100,000-sf Montgomery County public library, a 40,000-sf cultural arts center and an open-air town square.
WASHINGTON, DC-The DC area continues to lead in office. Overall, the indicator points to a net absorption of industrial and office space for the rest of 2006.
WASHINGTON, DC-Fannie Mae agrees to pay $400 million in a $11-billion accounting scandal. Also as part of the agreement, the company will undertake a comprehensive reform program.
WASHINGTON, DC-Fannie Mae agrees to pay $400 million in a $11-billion accounting scandal. Also as part of the agreement, the company will undertake a comprehensive reform program.
WASHINGTON, DC-In the combined agreements with OFHEO and the SEC, the company has agreed to pay a $400-million civil penalty. The board releases the results of investigation into its accounting, governance, structure and internal controls.
ARLINGTON, VA-Mills expects to complete the remaining $387-million financing over the next several months. The company has confidentiality agreements with more than 30 potential buyers and investors.
ARLINGTON, VA-Mills expects to complete the remaining $387-million financing over the next several months. The company has confidentiality agreements with more than 30 potential buyers and investors.
WASHINGTON, DC-Audit costs have not declined as MBA had hoped. It is now throwing its support behind the Compete Act introduced last week. It is designed to open the door to future discussions on the matter.