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Content about Virginia

April 4, 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?

April 4, 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?

March 14, 2014

We recently released an article about the Top 5 Worst Markets for Office Space in the D.C. area. Those areas had the highest vacancy rates in the Washington, D.C. area according to a Transwestern report.

Demand for Class-C and Class-B office space is at near all-time lows and at the same time tenants are adamant about leasing Class-A office space. In some sub markets the demand is so great that Class-A office space available is now below 1 percent.

March 14, 2014

We recently released an article about the Top 5 Worst Markets for Office Space in the D.C. area. Those areas had the highest vacancy rates in the Washington, D.C. area according to a Transwestern report.

Demand for Class-C and Class-B office space is at near all-time lows and at the same time tenants are adamant about leasing Class-A office space. In some sub markets the demand is so great that Class-A office space available is now below 1 percent.

February 13, 2014

In the world of commercial office space, a market with a vacancy rate of 10 percent is considered stable; anything below that percentage is to be coveted.  Logically, developers should flock to a market with a low office inventory, especially one with short supply of Class-A office space.  After all, someone is leasing all that space right?

February 13, 2014

In the world of commercial office space, a market with a vacancy rate of 10 percent is considered stable; anything below that percentage is to be coveted.  Logically, developers should flock to a market with a low office inventory, especially one with short supply of Class-A office space.  After all, someone is leasing all that space right?

February 7, 2014

Germantown, Maryland is the farthest north of Montgomery County’s commercial centers, it’s also the smallest and youngest in terms of commercial development but that is quickly changing. With approximately 3 million square feet of office space, Germantown has been one of the county’s bright spots in terms of commercial development in the last couple of years.

December 13, 2012

Saturday December 8th – 10am: Mike Tidwell, Executive Director of the Chesapeake Climate Action Network (CCAN), greeted a roomful of concerned citizens at the University of Baltimore.  The event they were attending was called Drilling Down: A Conference on Fracking Risks and Action in Maryland.  In the school&rsquo

October 2, 2012

After more than five years of suspense, residents of Rockville were introduced to a brand new grocery store over this past weekend located in the ever popular Rockville Town Square. Patrons swarmed the new retailer's first entry into the D.C. area market to participate in the highly publicized grand opening event.

July 30, 2012

A swarm of frustrated Americans descended upon the District of Columbia on Saturday afternoon, to participate in the first national mobilization against hydraulic fracturing.  The process involves injecting incredible amounts of water and chemicals into the earth, which cracks, thus creating a pathway for trapped natural gas to escape.

July 16, 2012

GEICO, the large insurance company based in the Friendship Heights section of Chevy Chase, MD, once again, presented its case for an extension request in front of the Montgomery County Planning Board.

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.

February 3, 2012

Approximately 55 days left, before the March 30thdeadline for mid-size Investment Advisory firms to deregister with the SEC and register with their principal states.  In Part I, of our article, we spoke with the Associate Commissioner for Washington D.C’s Department of Insurance, Securities, and Banking (DISB).  

January 27, 2012

March 30, 2012 marks a significant deadline for Investment Advisory (IA) firms throughout the nation.  Due to proposed regulations, which was derived, from Dodd-Frank (Wall Street Regulatory Reform and Consumer Protections Act), SEC has mandated that all mid-size IA firms deregister with the SEC and register with their principal states.  

January 6, 2012

Can you tell us a little about yourself and your work at LCOR?

December 16, 2011

Developer makes significant reduction in commercial space of project

While developer Keating Project Development, Inc, plans to keep its residential component intact, it will eliminate almost all of the commercial space in its planned redevelopment located at 7001 Arlington Road in downtown Bethesda.

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

With so many positive reactions from band members and patrons alike, the rest of DCWeek is sure to be a crowd pleaser.

This past Friday night, crowds gathered at D.C.'s renowned 9:30 Club for the kickoff of this year's Digital Capital Week (DCWeek)—a week-long series of events focused on the creative technological community. A mix of young entrepreneurs and D.C., Maryland and Virginia locals came out to celebrate and support up-and-coming bands from the all over the region. From 10:30 p.m. until 3:00 a.m., patrons mingled with old friends and new acquaintances.

November 4, 2011

A Developer plans a new project at the former Reed Brothers Dodge Dealership Site

The housing crisis has had ramifications not only for the overall economy, but the auto industry in particular was hit hard and has not recovered. It has yet to return to pre-recession levels. Where vehicles are the next-in-line purchase after real estate for most people, monthly vehicle sales—at one time during the recession—dropped to a level not seen since the early nineties. The hard hit American automakers left a trail of closed dealerships across the region as they cut back on their dealership networks.

November 3, 2011

A Virginia residential developer is proposing to tear down an existing office building on Key West Avenue in Rockville, and replace it with as much as 650 multi-family residential units that would most likely end up as apartments.

October 7, 2011

Fairfax County and Washington Examiner newspaper argue over Dulles Rail costs

Fairfax County Director of Public Affairs, Merni Fitzgerald is refuting claims made by a Washington Examiner newspaper editorial that the Dulles rail project is no longer on schedule, is over budget, and lacks transparency to the public.

The statement was posted on the Fairfax County government website calling the editorial titled "Airports authority head lied, and transparency died", a piece full of inaccuracies and stating opinions as facts.

August 19, 2011

Virginia and Maryland were amongst the 28 states that the U.S. Bureau of Labor Statistics said had their jobless rates increase in July 2011. Along with D.C., the jurisdictions with jobless rate increases totaled 29.

The bureau also said nine states had rate decreases and 13 had virtually zero change in their unemployment rate.

But Maryland and Virginia posted small rate increases while the District of Columbia showed a rate change that was much higher than in June 2011.

August 9, 2011

The company has partnered with Teva Pharmaceutical Industries of Israel to develop Multikine.

Cel-Sci Corporation (NYSE AMEX: CVM)with headquarters in Vienna, Va.,posted a net loss for Q2 2011, nearly six times deeper than in the second quarter of 2010.

Losses were $3.11 Million in the three-months quarter ended June 30, 2011 compared to $601,124 in 2010.

Revenue in the second quarter came entirely from grants and totaled a small sum of $77,403.

The company's expenses grew to $4.85 Million from $3.4 Million.

July 27, 2015

Bethesda, Md.-based Eagle Bancorp, Inc. (NASDAQ:EGBN) has completed the sale of assets it acquired during its purchase of Virginia Heritage Bank late last year. The parent of Eagle Bank found the Indirect Consumer Loan portfolio of Virginia Heritage Bank to be non-strategic.

MainStreet Bank (OTCQB:MNSB) bought the Indirect Consumer Loan portfolio from Eagle Bank for $80 million on July 24, 2015. Eagle said it will channel those funds into its commercial loan division, improve its yield on earning assets and reduce operating expenses.