WASHINGTON, DC-Financing is put in place for the construction of XonWest, a high-end condominium property to feature 97 residences in DC's West End. Corus Bankshares Inc. is providing the $76 million in funds for developer EastBanc, which expects to complete the project in late 2006, early 2007.

TYSONS CORNER, VA-Washington Real Estate Investment Trust relinquishes ownership of three office buildings in exchange for an aggregate sum of $67.5 million. The sale of buildings, which account for a total of 410,000 sf, leaves the REIT with a net gain of $33 million.

BELCAMP, MD-A two-building office and industrial complex finds a new owner, courtesy of a $25.6 million transaction. Realty Associates is taking the 600,000-sf portfolio, half of which is occupied by metal and plastic containers manufacturer Crown Cork & Seal, off the hands of GE Capital.

NORFOLK, VA-USG Corp reveals plans for the $132-million redevelopment of United States Gypsum Co.'s manufacturing plant. The modernization endeavor will reinvent the nearly 60-year-old building, converting it into a new and improved 280,000-sf facility.

NORFOLK, VA-USG Corp reveals plans for the $132-million redevelopment of United States Gypsum Co.'s manufacturing plant. The modernization endeavor will reinvent the nearly 60-year-old building, converting it into a new and improved 280,000-sf facility.

WASHINGTON, DC-National Public Radio decides to expand in the District with the leasing of 28,500 sf of space at 900 Seventh St., a 350,000-sf office structure just a block from the radio news organization's headquarters.

WASHINGTON, DC-LJ Melody & Co., the debt and equity financing division of real estate services firm CB Richard Ellis, says goodbye to industry veteran Paul Dougherty, the managing director for the company's Northeastern Region affairs. Dougherty just announced his resignation from the position.

FAIRFAX, VA-A financing deal to the tune of $67 million closes for Penderbrook Apartments, a 424-unit multifamily community located off Interstate 66. The borrower plans to use the funds to purchase the 18-building garden-style complex and convert it to a condominium property.