PORTSMOUTH, VA-Multifamily property investment continues to be big business in Northern Virginia as is evidenced by yet another financing deal. John B. Levy & Co. puts together a $5.2 million refinancing package for the 118-unit Cedarfield at Churchland Apartments community.

WALDORF, MD-The recent $1.4 million purchase of a 9,000-sf former restaurant structure at Charles County Plaza makes way for the opening of a Sakura Japanese Steak and Seafood restaurant that is triple the size of its current locale in the city.

HYATTSVILLE, MD-Already a gargantuan office compound, University Town Center is set to grow by an additional 725,000 sf with the breaking of ground on a new mixed-use project. Whiting-Turner Construction Co. is building the development, which is expected to cost $70 million.

FAIRFAX, VA-Law Firm Shapiro & Burson LLP decides to stay put in its digs at the 116,000-sf Greenbrier Corporate Center with the renewal of its lease on 16,000 sf of office space. The lease renewal agreement is for a six-year term.

WASHINGTON, DC-A new report funded by three Washington, DC-based housing organizations finds that policymakers are ignoring the housing sector's middle market, which serves about 40% of renters.

RESTON, VA-A new name joins the tenant roster at the 300,000-sf office and retail building known as Two Fountain Square, with Engle Homes' commitment to nearly 12,000 sf at the class A property. The home building company's lease is for a five-year period.

WILMINGTON, DE-Progress is being made on plans for the development of a 60,000-sf refrigerated warehouse at the Port of Wilmington with Gov. Minner's request of the Delaware River and Bay Authority to contribute $4 million to the $7.5 million project.

RESTON, VA-Corus Bank wraps up a financing deal with the JBG Cos. for the real estate company's development of the Mercer at Reston Square, a 194-unit condominium project. The non-recourse loan for the combination high-rise and low-rise property is in the amount of $32.5 million.