ROCKVILLE, MD-Changes are afoot at Criimi Mae as EVP David B. Iannarone relinquishes his position to pursue other interests at Allied Capital. Company president Mark R. Jarrell will be in charge of Iannarone's duties.

WASHINGTON,DC-Cassidy & Pinkard/iCap and Carr Real Estate Services Inc. pitch in to help arrange a $10 million floating rate loan for the 150,000-sf premier property at 1700 Pennsylvania Ave.

WASHINGTON, DC-A 600-unit affordable housing complex rises from the construction dust at the site of what were once the downtrodden Frederick Douglass and Stanton Dwellings public housing facilities.

BALTIMORE-MuniMae sees another successful quarter of origination activity for multifamily properties as the company reports $317 million in financing for the third quarter, bringing its year-to-date total up to $870 million.

ARLINGTON, VA-Investment management company Sands Capital Management finds itself a 9,500-sf space in one of the Rosslyn/Ballston corridor's Twin Towers buildings, which account for a total of 530,000 sf of office and ground-level retail space.

BEL AIR, MD-The Festival at Bel Air, a 450,000-sf grocery-anchored center, watches a current tenant expand and a new tenant make its debut. Eckerd drugstore will double its space and the Bombay Co. will move into a 7,000-sf space.

ARLINGTON, VA-Virginia Square Plaza, a 160,000-sf class A office property, hits the market and brings in an impressive $52 million from Principal Financial Group.

RESTON, VA-NCI Information Systems Inc. moves into a new home in the fourth building of the one million-sf Plaza America development. The relocation represents an increase of 25% over the size of its previous home.