RESTON, VA-Polinger Development refinances Lake Fairfax Business Center 5 & 7, two fully leased office buildings totaling 406,400 sf, soon after acquiring the properties for $117 million.

BETHESDA, MD-Host Marriott Corp. stockholders sign off on the issuance of about 133.5 million common shares to help finance the acquisition of 35 hotels from Starwood Hotels & Resorts Worldwide Inc. in a $3.76-billion deal.

BETHESDA, MD-Host Marriott Corp. stockholders sign off on the issuance of about 133.5 million common shares to help finance the acquisition of 35 hotels from Starwood Hotels & Resorts Worldwide Inc. in a $3.76-billion deal.

SILVER SPRING, MD-The Montgomery County Planning Board signs off on Montgomery College's plan to develop its 625-seat Cultural Arts Center at its Takoma Park/Silver Spring Campus. The approximately $27-million facility is part of the school's $104-million multi-phase expansion endeavor.

ABERDEEN, MD-Two new lease agreements totaling 27,300 sf bring the occupancy level at Aberdeen Technology Center at the Higher Education and Applied Technology Center, a 112,000-sf flex/office property, up to 100%.

EAST BALTIMORE-Construction of the Canton Crossing Tower gets a boost with the completion of an $84-million financing deal for the 500,000-sf office building. It is part of the 67-acre mixed-use Canton Crossing development.

TOWSON, MD-A financing package valued at $38.5 million closes for Loch Raven Village, a 495-unit garden-style apartment community. The funds will allow the borrower to acquire and upgrade the property.

LINTHICUM, MD-DHL Worldwide Express decides to stay put at 1015 W. Nursery Rd. and renews its lease on 49,100 sf under a long-term agreement. The shipping and delivery company occupies the entire 16-year-old flex facility.