CHEVY CHASE, MD-CapitalSource Inc. is in receipt of 11 commitments for a $520-million unsecured credit facility. The commercial finance company, which operates as a REIT, also reveals changes to its balance sheet for the period ending Dec. 31, 2005.

WASHINGTON, DC-Fueling its strategy of expanding its coverage of the Metropolitan Washington, DC region, Grubb & Ellis Co. taps former CB Richard Ellis executive Keith Lipton to serve as executive vice president and managing director of its Washington, DC area offices.

ALEXANDRIA, VA-The former Holiday Inn Select will soon undergo a $22-million transformation into the Hotel Monaco, Alexandria. Kimpton partnered with an ING Clarion-advised fund last month to purchase the 227-room property for $66 million.

BETHESDA, MD-DiamondRock Hospitality Co. files a registration statement with the SEC to sell 14 million shares of common stock in a public offering. The company expects the net proceeds to be nearly $178 million.

BETHESDA, MD-DiamondRock Hospitality Co. files a registration statement with the SEC to sell 14 million shares of common stock in a public offering. The company expects the net proceeds to be nearly $178 million.

COLLEGE PARK, MD-Development plans for three office buildings at the 128-acre M Square research park move forward as the Prince George's County Planning Department gives the thumbs up on site plans. The structures total 315,000 sf.

COLLEGE PARK, MD-Development plans for three office buildings at the 128-acre M Square research park move forward as the Prince George's County Planning Department gives the thumbs up on site plans. The structures total 315,000 sf.

WASHINGTON, DC-The Bender Building, the 294,500-sf office property at 1120 Connecticut Ave. NW, will continue to be the home of the American Bankers Association. In a $70-million deal, the organization signs a 15-year lease renewal on its 121,500-space.