Rockville office building behind on debt payments after county vacates
The owner of a Rockville office building appears to be having trouble paying its debt service after the Montgomery County government fully vacated the property.
The $34M loan on the 255 Rockville Pike office building, owned by New York-based Essex Capital Partners, has gone 30 days delinquent after the county terminated its lease for the full building, according to a report from CMBS tracking firm Trepp. [Bisnow]
Fighting climate change, one vine-covered tree at a time
Luke Caron, a college student from Silver Spring, crouched in a tangle of bushes, trees and vines near a busy Takoma Park thoroughfare, pruning saw and shears in gloved hands, hacking away at English ivy that was climbing an oak.
Surrounded by poison ivy, deer ticks and other potentially nasty and itchy pests of the insect and floral varieties, Caron wore shorts, with wool socks pulled up just below his knees. [Maryland Matters]
Former Wheaton student-athlete nears $38M deal
Josh Hart, who grew up in Silver Spring, attended and played basketball at Wheaton High School.
Now, Hart is reportedly closing in on a three-year, $38 million deal to re-sign with the NBA’s New Orleans Pelicans. [The Moco Show]
Early showers, overcast later, with a high around 86 and a low around 72
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