Business

Embrace Home Loans Appoints Lyons as Frederick Branch Manager

ROCKVILLE, Md.–Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, named Michael Lyons as branch manager for the Frederick, Md., retail branch. As branch manager, Lyons will be responsible for overseeing daily...
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Frederick-Based Default Resource CEO Named One of “25 CEOs You Need to Know”

FREDERICK, Md., April 4, 2011  — Glen Calderon, CEO of Frederick-based Default Resource, a nationwide provider of default and origination products and services to the real estate and mortgage industries, has been selected as one of 2011′s “25 CEOs You Need To Know” by The Gazette of Politics and Business.  Each year this honor...
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Verizon Wireless Increases 3G Network in Mount Airy and Bartonsville in Frederick County

LAUREL, Md., March 24, 2011.  Verizon Wireless announced that it has completed work that increases the 3G data handling capacity in Mount Airy and Bartonsville (areas near Spring Ridge). Expanded 3G data capacity in Frederick County allows more customers using tablets, laptops or smartphones to instantly download the latest apps, music, videos or 3D...
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Governor Seeks to Require Maryland Energy Companies To Buy Off Shore Wind Energy

ANNAPOLIS, MD (March 23, 2011)–Governor Martin O’Malley today joined local steelworkers, environmental advocates, and legislative leaders at Annapolis’ City Dock to promote the Maryland Offshore Wind Energy Act of 2011 as Sine Die approaches.  Governor O’Malley announced at today’s event the introduction of new amendments that will limit the Public Service Commission’s (PSC) ability...
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Business Owners Should Protect Human Capital

Small businesses are the engine of the economy, and when the economy sputters they often feel it first. In the current climate of uncertainty, many small businesses have cut expenses to the bone and tried to make their operations as lean and efficient as possible. But even if a small business owner can’t control...
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Plamondon Companies Breaks Ground on Frederick’s First Green Hotel

                Ground was broken on the first ‘green’ LEED design hotel in the Frederick region on March 9th by The Plamondon Companies, who will operate the  120 room property. The TownePlace Suites by Marriott will feature low-volume water-use toilets, LED lighting, energy-efficient heating & A/C and rain gutters designed to empty into irrigation systems....
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“Bank-ready” Business Plans Essential for Business Loans

Alex Rossulek

As a business owner or entrepreneur, the likelihood that you will need to seek financing either for start-up costs or for business growth is a given, especially in today’s economic climate. Aside from a neatly pressed suit and a confident attitude, the most essential tool you will need to bring along when you meet...
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Federal Capital Partners Buys Two Frederick Apartment Buildings for $50.5 Million

Citybizlist.com is reporting that Washington, DC-based Federal Capital Partners (FCP) has acquired the Brookside and Overlook Manor apartment communities in Frederick, MD for $50.5 million. CB Richard Ellis brokered the sale. Wells Fargo provided debt financing for FCP. The properties, located at 108 Willowdale Drive and 1208 Alban Court, respectively, are comprised of a total...
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Marshalls Plans Grand Opening In Frederick

According to Marshall’s website, it is planning a grand opening for its new Frederick location for March 10, 2011. The grand opening is scheduled to begin at 8:00 a.m. The new store will be located at 7840 Wormans Mill Rd Frederick, MD 21702 The store will be open from 8:00 a.. to 10: 00...
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Linganore Wine Cellar in Mount Airy Goes To 100% Wind Power

According to a news report in the Eldersburg Patch, the Linganore Wine Cellar’s electricity is now, as of February 1, 2011, completely generated by wind power.  The move is said to be part of the winery’s ongoing plan to reduce its carbon footprint.  Linganore already composts andrecycles (even using materials from the building to renovate the...
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