Berkadia announced today the $19 million refinancing secured for Hilton Garden Inn, Crystal City, a full-service hotel in Crystal City, a neighborhood in Arlington, Virginia. Director Matthew Raptosh and Associate Director Connor Wimsatt of Berkadia’s Hotels and Hospitality specialty team secured the loan on behalf of Sound Hospitality. The deal closed on July 30.
The global COVID-19 pandemic has particularly affected the hospitality industry, leaving many owners struggling to secure the financing they need. Berkadia matched the borrower with a competitive, interest-only, non-recourse bridge loan just as they faced an upcoming maturity. Stonehill Strategic Capital provided the financing.
On Friday, U.S. Immigration and Customs Enforcement (ICE) issued its most recent guidance regarding international students enrolled at U.S. colleges and universities for the Fall 2020 semester. Most notably, it clarifies that new foreign students will not be allowed to enter the country if their school is operating entirely online, with the recently-announced flexibility for international students only applying to those who were actively enrolled on March 9.
In light of this guidance that disrupts the academic plans of so many individuals both regionally and nationally, Marymount University has confirmed its ability to welcome additional international students during the upcoming fall semester and beyond. As stated in its “Saints Reunite” Guide to 2020-21 Reopening, Marymount continues to prepare for a complete re-entry of students, faculty and staff, and a return to on-site learning and living with new protocols that safeguard the health and safety of its campus community. This plan was approved by the State Council of Higher Education for Virginia (SCHEV) last week.
Clarendon Presbyterian Church (CPC) thanks everyone who contributed to its Food and Toiletry Drive in July. The church collected 105 boxes and bags of donations for homeless shelters in Arlington – an estimated value of more than $5,200 in groceries and toiletries! The food donations support Bridges to Independence in Clarendon, a shelter and housing program for families with children. And the toiletries donations support Residential Program Center (RPC), a shelter on Columbia Pike for single adults. Please mark your calendars and plan to attend the next Drive-thru Collection on August 15, 2020 from 9:00 AM to 11:00 AM. Clarendon Presbyterian Church is located at 1305 North Jackson Street, Arlington, VA 22201. No physical interaction. Masks required. Drop-off at curbside location outside church. Please send questions to [email protected] or (703) 527-9513. Thank you!
Richmond, VA – (July 23, 2020) – According to the June 2020 Home Sales Report released by Virginia REALTORS®, home sales in most regions of Virginia are rebounding, following spring’s slowdown due to COVID-19.
There were 13,176 home sales statewide in June 2020, up 0.5% from a year ago and up nearly 30% over May 2020 sales. The increase in closed sales in June reflects a return of home buyers to the market. An easing of stay-at-home restrictions in Virginia, growing acceptance of social distancing measures, and greater use of virtual tools has propelled the increase in market activity.
Commonwealth’s Attorney Parisa Dehghani-Tafti is proud to announce the early rollout of one of a major initiative in restructuring the Office of the Commonwealth’s Attorney in furtherance of its mission to ensure both public safety and justice. The office will implement the vertical prosecution model in every case it handles.
Vertical prosecution, considered a best practice, requires that one prosecutor be assigned to each case from start to finish; it permits the assigned attorney to work early and closely with law enforcement, victims, witnesses, and defense attorneys.
Overnight lane closures and traffic stoppages are planned for I-66 East in Arlington near Patrick Henry Drive this weekend, weather permitting, to implement a traffic shift as part of the I-66 Eastbound Widening Project. This work will split the two I-66 East travel lanes for more than a half mile beginning near the Patrick Henry Drive overpass to allow concrete bridge deck work to progress in the center section of the existing bridge over the Custis Trail at Bon Air Park.
Details include:
The two pools will open under the Virginia Forward Phase III guidelines, which include diminished capacity, physical distancing of 10 feet and the requirement of a health and temperature screening for all staff and patrons. We have posted many of the details on our website and will continue to do so over the next 24 hours. Use this link to learn more and stay informed.
Patrons will need to purchase admission and make a reservation for a 45-min swim or water exercise/jog session. You will need to set up an account on our Self-Service Portal. You will receive a separate email this evening inviting you to join the APS Aquatics Self-Service Portal. Follow the instructions on the email to set up your account. Alternately, you can go to our web page here: Registering for Self-Service.
Dear APS Families,
I hope you enjoyed the holiday weekend and found some time to relax and celebrate. Our work continues throughout the summer to prepare for the 2020-21 school year, and I will continue to share an update every Tuesday to keep you informed.
Synetic Theater has partnered with the Arlington Food Assistance Center (AFAC) to raise $20,000 during the month of July to be split evenly between the organizations.
This partnership was initiated by Synetic Theater to help fulfil the company’s desire to invest in their local community while they are unable to host live performances at their Crystal City/National Landing theater space. With a goal of $20,000, donations will support wider access to nutritious supplemental groceries at AFAC, and Synetic’s portion will go to the company’s Synetic Strong campaign aiding in the development of new outreach programs to nourish the local community’s hunger for connection and spiritual uplift. Donations will be accepted for the Synetic Serves: AFAC campaign now through July 31 at www.synetictheater.org.
Rep. Don Beyer, who represents the Northern Virginia suburbs of the nation’s capital in Congress, issued the following statement today on Independence Day festivities ahead of the Fourth of July holiday weekend:
“This weekend Americans across our region and the country will celebrate the birth of our nation in Philadelphia 244 years ago. Washington and other cities will see fireworks, martial displays and flyovers, large gatherings, and sadly, the dangerous potential to spread coronavirus.
Today The AES Corporation (NYSE: AES) stepped up to provide immediate relief to hundreds of families who are struggling to put food on their tables as a result of the economic crisis caused by the coronavirus pandemic. A $25,000 contribution from the AES Fund at the Arlington Community Foundation will be split equally between affordable housing nonprofits APAH and AHC. This will allow the two organizations to provide $100 grocery gift cards to a combined total of 250 low-income households in their apartment buildings. This grant is the first tranche of a $75,000 total commitment from AES to the Arlington Community Foundation.
“Improving lives is at the core of our mission, and we take pride in serving the communities where we operate,” said Andrés Gluski, AES President and CEO. “Many households are facing incredible challenges at the moment, and we are grateful to partner with the Arlington Community Foundation to directly address some of the most pressing needs in our community.”
Arlington County voters will go to the polls on July 7 to determine who will fill the County Board seat of the late Erik Gutshall. In order to help voters understand each candidate’s stand on the importance of arts and culture in the County, Embracing Arlington Arts sent out a questionnaire for the three candidates to complete covering several issues pertaining to the arts in Arlington.
The three candidates – Bob Cambridge (R), Susan Cunningham (I) and Takis Karantonis (D) – answered five questions about the arts and initiatives they would pursue as a County Board member to enhance the health and vibrancy of this industry in the county.
