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GAYLORD NATIONAL UNVEILS PLANS FOR NEW PREMIER, OUTDOOR WATERFRONT VENUE

GAYLORD NATIONAL UNVEILS PLANS FOR NEW PREMIER, OUTDOOR WATERFRONT VENUE

Gaylord National Resort and Convention Center kicks off  the fall season with the announcement of its newest premier outdoor waterfront venue,  RiverView Terrace,  slated to open in Spring 2012.

“We are thrilled to see the construction of RiverView Terrace rapidly underway,” said Phil Coffey, Gaylord National's Senior Vice President and General Manager.  “The transformation of one of our prime outdoor areas will allow us to further set the standard for unique events in the Washington region and deliver an unparalleled experience for social gatherings.”

Prince George's County Hosts Annual Housing Fair

 

Landover, Md. – The Prince George’s County Department of Housing and Community Development will be partnering with the Prince George’s County Association of Realtors, the Maryland Department of Housing and Community Development, and the Prince George’s County Human Relations Commission to host its annual housing fair at the Prince George’s Sports and Learning Center, 8001 Sheriff Road on Saturday, June 11 from 10 a.m. to 3 p.m. 

Prince Georges County Announces External Audit of County's Housing

This story comes to us from Scott L. Peterson from the Office of the Prince George's County Executive:

This past Monday, December 27, Prince George’s County Executive, Rushern L. Baker, III announced that Prince George’s County has signed a contract with Virginia Tech University to conduct an independent audit of the Department of Housing and Community Development (DHCD).

Has National Harbor Helped Changed The Image of Prince George's County?

Ask drivers from Virginia, who travel into Maryland, and they will tell you it is hard not to notice the beautiful development that overlooks the Potomac River, especially during the evening and night times where the National Harbor is illuminated with bright vibrate colors.  The National Harbor has not only become a destination, located just minutes away from our Nation's capital, but also a symbol of change for a county that has long struggled with attracting large public and private sector employers as well as high to middle-class retail options for its' residents compared to the surrounding counties. 

102,000 SF Signed at Metro East Business Campus in Landover

City Biz Real Estate reports that Advance Realty has completed three lease transactions, totaling 102,866 square feet, at Metro East Business Campus in Landover, Md.

- Northrop Grumman Systems Corp has expanded its lease at 8300 Professional Place to occupy the entire three-story, 60,860-square-foot, brick building, which features a lobby with stone flooring and wall treatments. In order to address the space requirements of Northrop, Advance successfully relocated four of the building's previous tenants to other buildings within the company's Metro East portfolio.

Todd Bosley and Tim Jaeger of CB Richard Ellis represented Northrop in the transaction. David Fisher, Senior Vice President and Regional Managing Director for Advance Realty's Washington, D.C. region, represented Advance Realty.

Prince Georges County experiencing highest Foreclosure Rates in the Region

Prince Georges County has been experiencing a continued spike in foreclosures despite a new ruling that went into effect July 1. On July 1, the Maryland legislature’s “Mediation before Foreclosure” rule went into effect. Under this ruling, homeowners facing foreclosure can ask for a mediation hearing to explain their specific situation to the Judge and maybe get more time to improve their situation. Unfortunately, Judges have not been enforcing this ruling and many homeowners are still losing their homes at a rapid pace. Many of these homes now sit empty and are becoming a blight which is negatively impacting the Prince Georges housing market. Area real estate agents have no choice but to sell these homes through the short sale process which affects the housing prices in the surrounding area.