Permanent financing of $11 million has been obtained from New England Mutual Life Insurance Co. for the building that (Gerald J.) Miller-Connecticut Avenue Associates is completing on leased land over the Metro station at the northeast corner of Connecticut Avenue and L. Street, NW. James W. Rouse & Co., Inc., arranged the mortgage financing for the 180,000-square-foot building, which is expected to be completed next fall.
The Montgomery County Democratic Central Committee is sponsoring a forum today on varied issues and their relation to the future of the county. The public panel discussions on housing related issues will begins today at 9:50 a.m. in the County Office Building in Rockville. Attorney Royce Lee Givens will give two-credit courses dealing with legal aspects of real estate on the Loudoun campus of Northern Virginia Community College. For information call 323-4555.
Mortimer and Adele Lebowitz of McLean, who bought the Marriott Corp.'s executive office complex at 5161 River Rd., Bethesda, have leased it to the corporation until it can move to a new headquarters under construction at Route 1-270 and Democracy Blvd., Bethesda. Lebowitz said the River Road complex will be leased.
Banco Mortgage Co. of Minneapolis has arranged construction financing of $5.8 million for the 204-unit Wakefield Terrace apartments in Charles County. Md., under FHA Section 236 financing. Construction General, Inc., of Silver Spring is the builder and Collins & Kronstadt, Leathy, Hogan, Collins the architect. Completion is scheduled for late next year.
The University of Baltimore Management Institute, Inc. is sponsoring a one-day course Nov. 19 for people planning to take the real estate sales examination in Maryland. For information or reservations, call (301) 727-6360 ext. 267.
Planning Research Corp., plans to move the 30-person staff of its corporate headquarters from Los Angeles to the new International Square office building at 1850 K St. NW. The firm does research in energy, environment, water resources, housing and other fields.
Realty World, a real estate franchising group, has announced the affiliation of the Glen J. Koepenick firm in Rockville and Matting ley Associates in Laurel.