WASHINGTON, DC-The Corporate Executive Board is the newest tenant to sign up for 1857 K St., NW, a 170,000-sf office building set to open January 2002. The firm is renting 30,731 sf.
BALTIMORE, MD-The Municipal Mortgage and Equity board is declaring fourth quarter dividends of 42.25 cents per common share, payable Feb. 9. The annualized yield is 7.2%. Preferred shares dividends range from $6.25 to $13.
WASHINGTON, DC-InterBank Capital Partners is naming W. Thomas Fleming III its new president while the organization's former president, Dr. Simon Hershon, retains the position of CEO. Fleming joined the firm in 1999.
WASHINGTON, DC-New York-based FiberNet Telecom Group Inc. and locally-based Cogent Communications Inc. are entering into a $5-million agreement that will give Cogent access to FiberNet's nationwide commercial properties portfolio.
TYSONS CORNER, VA-In a combination of acquisitions, sales and lease activity, Atlantic Realty, a commercial real estate firm in business here for eight years, closed 2000 with more than $550 million in transactions, up 60% over 1999.
BALTIMORE, MD-A merger between Carnegie International Corporation and Host Funding Inc. is scheduled to close April 16, 2001. The announcement comes 14 days after AMEX notified Host of intent to initiate de-listing procedures with the SEC.
WASHINGTON, DC-Company officials told investors that, all in all, Freddie Mac had a very good year and was expecting the same for 2001. The company's revenues were up 10% over 1999.
WASHINGTON, DC-Tompkins Builders, a local construction firm, is tasked with construction and demolition of the stands and appurtenances for the 2001 Presidential Inauguration on Jan. 20. This is the firm's third consecutive inauguration project.
WASHINGTON, DC-The Urbans Land Institute, a nonprofit education and research institute focusing on providing responsible land use leadership, named Peter H. Monroe as its executive director and Richard M. Hance as its senior vice president.
WASHINGTON, DC-The Urbans Land Institute, a nonprofit education and research institute focusing on providing responsible land use leadership, named Peter H. Monroe as its executive director and Richard M. Hance as its senior vice president.