Phillips Realty Capital Facilitates $58M Financing for Maryland Apartment Development in Glenarden

BY KEITH LORIA MAY 10, 2021 10:58 AM THE ST. JOSEPH APARTMENTS. RENDERING: BY PRC Varsity Investment Group has closed on a $45.1 million construction loan from United Bank for the St. Joseph Apartments, a four-story, 268-unit multifamily development in Glenarden, Md., Commercial Observer has now learned. Phillips Realty Capital (PRC) structured the capital stack financing, which also included a…

Join me in Celebrating 80 years of Greatness!

Our Spaghetti Dinner is Friday Evening at the Cousins Municipal Center and the 80th Anniversary Parade will be held on Saturday morning at 11:00 AM. It will begin at Costco’s and convene through the Residences of Woodmore Towne Centre! Fun Day will follow at the Municipal Center. Please join in the Celebrations!

WTC Retail News Update!

Good news shoppers, banking is about to get more convenient–Bank of America is coming soon! We’ll keep you updated on everything you need to know about their grand opening at Woodmore Towne Centre. — WoodmoreTowneCentre (@WoodmoreTCentre) June 25, 2018

Millennials are moving to the exurbs in droves

Can Urban Suburbs like @Glenarden attract a new culture of Melliniums that feel the pressures of Urban life and new families? However, Municipalities in #PrinceGeorgesCounty have to provide greater services, accept more diverse Communities and feel more inclusive and engage in new Communities and lifestyles. Are we ready for change of will the Municipalities get…

The Journey Begins

Thanks for joining me!  The time has come to set sail of the Mayor’s website! 2018 has begun and the spirit of Black History Month has motivated me to move forward and begin my task of getting my agenda out to the people who are so desperately waiting to hear from me. I know things…