BETHESDA, MD-Development of the Lionsgate at Woodmont Corner takes a step forward with the completion of an $85-million financing deal for the construction of the 131-unit condominium project. The multifamily property is scheduled to debut in 2007.

BETHESDA, MD-Development of the Lionsgate at Woodmont Corner takes a step forward with the completion of an $85-million financing deal for the construction of the 131-unit condominium project. The multifamily property is scheduled to debut in 2007.

WASHINGTON, DC-Financing to the tune of $35 million is completed for Chevy Chase Plaza, a 161,500-sf office property in Friendship Heights. The borrower sought financing for the previously unleveraged property to take advantage of low interest rates.

ARBUTUS, MD-Another building is set to go up at bwtech@UMBC, the 41-acre on-campus research park at the University of Maryland, Baltimore County. The 23,500-sf, $4.2-million office facility will house the US Geological Survey Water Science Center.

BALTIMORE-The Baltimore Development Corp. gets a development proposal for the long-vacated 17-acre parcel known as the Potee-Garrett site. The proposal calls for a mixed-use project with housing and retail elements.

BALTIMORE-The Baltimore Development Corp. gets a development proposal for the long-vacated 17-acre parcel known as the Potee-Garrett site. The proposal calls for a mixed-use project with housing and retail elements.

WASHINGTON, DC-A new management team comes aboard the Melrose Hotel, as new owner Highland Hospitality Corp. taps Crestline Hotels & Resorts Inc. to oversee the 240-room property. Highland just acquired the Melrose for $77 million.

BALTIMORE-SunTust Bank, Maryland decides to stay put at its long-time home at 120 E. Baltimore St. It renews its lease on 55,400 sf for an additional 10 years.