Dulles

Freedom Bank of Virginia Receives the Stars Over Dulles Satellite Award

Retrieved on: 
Friday, April 7, 2023

FAIRFAX, Va., April 7, 2023 /PRNewswire/ -- The Freedom Bank of Virginia ("Freedom Bank") announced today that it received the Satellite - Corporate Social Responsibility Award at the Dulles Regional Chamber of Commerce Stars Over Dulles Awards Gala event. The award honors the exceptional effort and service businesses provided to the Dulles Region community. Freedom Bank was recognized for demonstrating a strong, active role in giving back to their local community.

Key Points: 
  • FAIRFAX, Va., April 7, 2023 /PRNewswire/ -- The Freedom Bank of Virginia ("Freedom Bank") announced today that it received the Satellite - Corporate Social Responsibility Award at the Dulles Regional Chamber of Commerce Stars Over Dulles Awards Gala event.
  • The award honors the exceptional effort and service businesses provided to the Dulles Region community.
  • Freedom Bank was recognized for demonstrating a strong, active role in giving back to their local community.
  • Through the Freedom Bank Foundation , we continue to invest in the NOVA Freedom Fund, which makes loans to entrepreneurs of color in the DC Region.

Comstock Wins CoStar Impact Award for Reston Station

Retrieved on: 
Friday, April 1, 2022

RESTON, Va., April 01, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc. (Nasdaq: CHCI) (Comstock) announced today that Reston Metro Plaza was named as the recipient of CoStars Impact Award for Best Finance Transaction .

Key Points: 
  • RESTON, Va., April 01, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc. (Nasdaq: CHCI) (Comstock) announced today that Reston Metro Plaza was named as the recipient of CoStars Impact Award for Best Finance Transaction .
  • In September 2021, Comstock announced the $355 million refinancing completion of the first three towers developed at Reston Station.
  • We are delighted to receive the CoStar Impact Award for Best Finance Transaction on behalf of Reston Metro Plaza, said Christopher Clemente, Chief Executive Officer of Comstock.
  • Comstock subsidiaries arranged the non-recourse construction take-out recapitalization package on behalf of Comstock Partners, LC, an affiliated, privately held company.

Freedom Alliance Surpasses $20 Million Awarded in College Scholarships to Children of Military Heroes

Retrieved on: 
Tuesday, October 26, 2021

DULLES, Va., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Freedom Alliance, a military support organization, has now awarded more than $20 million in college scholarships to the children of fallen or wounded military heroes in the 20 years since the terrorist attacks on September 11, 2001.

Key Points: 
  • DULLES, Va., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Freedom Alliance, a military support organization, has now awarded more than $20 million in college scholarships to the children of fallen or wounded military heroes in the 20 years since the terrorist attacks on September 11, 2001.
  • "Its not enough to simply mourn the death or injury of a service member, explained Freedom Alliance President, Tom Kilgannon.
  • At the time of the 9/11 attacks, Freedom Alliance had awarded scholarships to 12 students for a total of $79,000.
  • In addition to providing more than $20 million in college scholarships, Freedom Alliance has helped thousands of injured veterans with recreational rehabilitation, care packages, mortgage-free homes, all-terrain wheelchairs, new vehicles, and more.

CFC To Host Conference Call on Fiscal Year 2022 First-Quarter Financial Results

Retrieved on: 
Tuesday, October 12, 2021

CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFCsfiscal year 2022 first-quarter financial results.

Key Points: 
  • CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFCsfiscal year 2022 first-quarter financial results.
  • There are two ways to access the event:
    Visit CFCs investor Webcasts & Presentations page to join the webcast.
  • Callers also can view a PDF of the slide presentation by visiting Webcasts & Presentations page on the day of the call.
  • CFCs Form 10-Q for the period ended August 31, 2021, will be filed with the U.S. Securities and Exchange Commission later today.

Comstock Arranges $350+ Million Financing Package to Refinance First Three Completed Trophy Office Towers at Reston Station

Retrieved on: 
Monday, October 4, 2021

In connection with the closing of the transaction, CHCI received ~$2.6 million in debt and equity origination fees.

Key Points: 
  • In connection with the closing of the transaction, CHCI received ~$2.6 million in debt and equity origination fees.
  • The recapitalization package replaces construction loans provided by Bank of America covering 1900, 1902, and 1906 Reston Metro Plaza (the RMP Offices).
  • Retail tenants servicing the RMP Offices include Starbucks, CVS, Founding Farmers, matchbox, Bigs Buns Burgers, and Salon Nordine.
  • Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Freedom Alliance Expresses Profound Gratitude to Veterans of Afghanistan

Retrieved on: 
Monday, August 16, 2021

DULLES, Va., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Tom Kilgannon, president of Freedom Alliance, an organization supporting wounded combat veterans and military families, issued the following statement:

Key Points: 
  • DULLES, Va., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Tom Kilgannon, president of Freedom Alliance, an organization supporting wounded combat veterans and military families, issued the following statement:
    Today, Freedom Alliance extends our profound gratitude and expresses our deepest admiration to our Soldiers, Sailors, Airmen, Marines, and Guardsmen who fought and sacrificed in Afghanistan, as well as Iraq.
  • The events that are currently taking place in Afghanistan are sad and unfortunate, to put it mildly, but the ignominy of this exit belongs to others.
  • It is a great honor for our team at Freedom Alliance to know so many of our combat veterans and Gold Star Families and to provide assistance on behalf of our generous supporters.
  • Freedom Alliance is a charitable organization providing help and support to wounded troops and military families.

CFC To Host Conference Call on Fiscal Year 2021 Financial Results

Retrieved on: 
Monday, August 2, 2021

DULLES, Va., Aug. 02, 2021 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, August 4, at 11 a.m. Eastern Time.

Key Points: 
  • DULLES, Va., Aug. 02, 2021 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, August 4, at 11 a.m. Eastern Time.
  • CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFCsfiscal year 2021 financial results.
  • There are two ways to access the event:
    Visit CFCs investor Webcasts & Presentations page to join the webcast.
  • CFCs Form 10-K for the period ended May 31, 2021, has been filed with the U.S. Securities and Exchange Commission (SEC).

CFC’s Initial 2020 Key Ratio Trend Analysis Results Demonstrate Cooperatives’ Financial Strength

Retrieved on: 
Monday, July 19, 2021

DULLES, Va., July 19, 2021 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2020 Key Ratio Trend Analysis (KRTA) report, an annual assessment of financial trends among electric distribution cooperatives nationwide.

Key Points: 
  • DULLES, Va., July 19, 2021 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2020 Key Ratio Trend Analysis (KRTA) report, an annual assessment of financial trends among electric distribution cooperatives nationwide.
  • The results show the majority of electric cooperatives have maintained strong financial metrics and have successfully managed through last years economic downturn.
  • Preliminary KRTA results are based on data submitted by 812 electric distribution cooperatives for the year ending Dec. 31, 2020.
  • CFC calculates 145 financial and operational ratios for each cooperative and provides a report showing the cooperatives ratio compared with the U.S. median value.

Freedom Alliance Names Fallen Warrior’s Son, Seth Straw, as 2021 Scholarship Student Ambassador

Retrieved on: 
Monday, June 7, 2021

DULLES, Virginia, June 07, 2021 (GLOBE NEWSWIRE) -- Freedom Alliance, a national organization supporting our nations military families and injured service members, has named Seth Straw as this years Scholarship Student Ambassador; Seth is a 2020 graduate of Auburn University.

Key Points: 
  • DULLES, Virginia, June 07, 2021 (GLOBE NEWSWIRE) -- Freedom Alliance, a national organization supporting our nations military families and injured service members, has named Seth Straw as this years Scholarship Student Ambassador; Seth is a 2020 graduate of Auburn University.
  • In his role as student ambassador Seth will speak publicly about the importance of education and the need for scholarship assistance.
  • He is one of more than 500 students currently receiving scholarships through the Freedom Alliance Scholarship Fund.
  • We could not have asked for a more qualified student ambassador, said Freedom Alliance President Tom Kilgannon.

KBS Signs Long-Term Lease Renewal at 186,922 SF NAIOP Award-Winning Office Building in Herndon, Virginia

Retrieved on: 
Wednesday, June 2, 2021

Newmark , a global commercial real estate services firm, negotiated the lease on behalf of KBS.

Key Points: 
  • Newmark , a global commercial real estate services firm, negotiated the lease on behalf of KBS.
  • Since inception, KBS has been closely attuned to trends among tenants in the office sector, says DeLuca.
  • Steve Hoffeditz, Wes Evans and Ed Clark of Newmark represented KBS in the 33,102 square-foot Strayer lease renewal.
  • Located minutes from Dulles International Airport, Dulles Station East is a six-story, Class A office building.