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Content about Chevy Chase

May 31, 2012

Gaylord Entertainment Co. (NYSE: GET) and Marriott International, Inc. (NYSE: MAR) have come to an agreement over the management of Gaylord's self-branded hotels.

The Nashville-based company will hand over operation of its four large hotels to hospitality giant Marriott with headquarters in Bethesda. The company which also owns several brands including the Ritz Carlton, based in Chevy Chase; will add the Gaylord Hotels brand to its portfolio for $210 million.

April 13, 2012

While the nation's capital continued its usual lead in office space construction, another surprise quarter occurred with the Maryland National Capital region leading the surrounding region.

According to March data from the Bethesda, Mid-Atlantic regional office of Transwestern and its research subsidiary, Alexandria-based Delta Associates, there was an estimated 7,204,726 square feet of office space under construction or reconstruction in the D.C. area.

April 5, 2012

CapitalSource Inc. (NYSE:CSE), made significant changes earlier in the year with its Executive Chairman, John K. Delaney taking an immediate leave from that role to pursue a political career in the United States House of Representatives.

March 29, 2012

A planned residential and retail project by real estate developer JBG was met with mostly heavy opposition from community residents who live in the Twinbrook area of Rockville, where the project would be developed.

The site plan for 1800 Rockville Pike came before the City of Rockville planning board Wednesday night seeking approval from the commission. The approval of the site plan would have been the final step before permits are issued and construction starts for the urban style, low-rise project designed by architectural firm, Hord Coplan Macht.

December 9, 2011
federal government allowed 96 percent of the office space under construction in the Maryland National Capital Region to be pre-leased

With a big help from the federal government, Maryland's "economic engine", Montgomery County, has managed to lead all jurisdictions outside the district in office space construction -- with nearly all of Montgomery County's primary office markets participating.

The latest data from Transwestern Mid-Atlantic with headquarters in Bethesda, shows office space construction in the county stands at nearly 2 million square feet, that puts it ahead of surrounding area jurisdictions including Fairfax and Arlington counties in Virginia.

November 7, 2011

Chevy Chase-based GEICO, one the largest insurance companies in the nation and with primary offices across the Maryland/D.C. border in Montgomery County is set to appear in front of the Montgomery County Planning Board on November 17, 2011 but for reasons not to the liking of either side.

The Planning Board is set to vote on the validity of an extension request for plans to redevelop GEICO's headquarters, and depending on which way the board votes could be a lose-lose situation for both parties.

October 14, 2011

Back in May 2010 the U.S. Postal Service issued an RFP through its brokerage firm to sell the site for redevelopment

The development planned for the current main post office site in the Silver Spring Central Business District won approval from the Montgomery County Planning Board Thursday.

Leading the development of the site is Chevy Chase-based Nova-Habitat incorporated which has been joined by McLean-based Insight Property Group LLC to build what is being marketed as the Fenwick Station apartments.

April 23, 2014

If you are a young professional working in Washington, D.C., one thing you’ve probably noticed by now is that there is a fairly large gap between your monthly income and the city’s monthly rent requirements. Not everyone can afford the “luxury” apartments in Foggy Bottom, Georgetown, or Dupont Circle; so what’s a cash-strapped young professional to do?

July 29, 2011

CapitalSource Inc of Chevy Chase, Md, posted a net income of $16.594 Million. Deposits totaled $4.8 Billion for the CapitalSource Banking unit located in California. The company has a market capitalization of approximately $2 Billion. A portion of the press release follows.

July 20, 2011

One of the largest venture capital firm in the nation will expand into New York. Chevy Chase, Maryland firm, New Enterprise Associates, Inc expects to make its presence known using the experience it's gained doing business Maryland. The new office will be located at 44 West 28th Street in the Chelsea area in lower Manhattan. NEA also has an office in the Timonium area of the Baltimore metro.