EagleBank

EagleBank Provides Financing for DC Preparatory Academy

Retrieved on: 
Tuesday, February 8, 2022
School, GLOBE, C&I, Student, Program, Foreign policy, Public, Pleasure, SE, EagleBank, Partnership, Management

BETHESDA, Md., Feb. 08, 2022 (GLOBE NEWSWIRE) -- EagleBank, one of the largest community banks in the Washington, DC area, today announced it provided $52 million in financing to support DC Preparatory Academy, including the development costs of a new 5-acre middle school campus located at 2230 Pomeroy Rd, SE.

Key Points: 
  • BETHESDA, Md., Feb. 08, 2022 (GLOBE NEWSWIRE) -- EagleBank, one of the largest community banks in the Washington, DC area, today announced it provided $52 million in financing to support DC Preparatory Academy, including the development costs of a new 5-acre middle school campus located at 2230 Pomeroy Rd, SE.
  • Our team is proud to support the exciting development of DC Preps new campus, said Lindsey Rheaume, Chief C&I Lending Officer at EagleBank.
  • It was a pleasure to partner with DC Prep on this deal and as a trusted community partner, we look forward to future opportunities to support the mission of bridging the educational divide in Washington DC.
  • I speak for our CFO/COO Dan Englender who leads on this project, CEO Laura Maestas, and our amazing board members in thanking EagleBank for this opportunity, says DC Prep Chief of External Affairs, Neils Ribeiro-Yemofio.

EagleBank Provides Acquisition Financing for Affordable Housing Complex in Southeast Washington, D.C.

Retrieved on: 
Wednesday, February 2, 2022
Giant, Rehabilitation, Lowe Enterprises, Stanton, Community, CRE, Concord, FHA, NHTI – Concord's Community College, Housing, EagleBank, City, Giant Food, GLOBE, Acquisition, Pleasure, Lowe, Property management, Real estate, Management, D.C

The project is sponsored by Concord Communities, a wholly-owned subsidiary of national real estate investor, manager and developer Lowe that provides quality affordable housing through rehabilitation or new construction.

Key Points: 
  • The project is sponsored by Concord Communities, a wholly-owned subsidiary of national real estate investor, manager and developer Lowe that provides quality affordable housing through rehabilitation or new construction.
  • As demand for affordable housing continues to be a pressing issue, our lending team is committed to serving as a trusted community leader and supporting more affordable housing development in the D.C. area, said Ryan Riel, Chief Real Estate Lending Officer at EagleBank.
  • It was a pleasure partnering with Concord Communities on this deal and we look forward to future partnerships in the affordable housing space.
  • Concord Communities is dedicated to providing quality affordable housing that benefits residents, improves neighborhoods and addresses the critical affordable housing shortage, said Mark Rivers, Executive Vice President of Concord Communities and Lowe.

Concord Communities Acquires 379-Unit Southeast Washington, DC Affordable Housing Community

Retrieved on: 
Tuesday, February 1, 2022
Construction & Property, Residential Building & Real Estate, Rehabilitation, Lowe, Lowe Enterprises, Metro, House at 25 Stanton Road, Community, Concord, Recreation, Edgewood Management, NHTI – Concord's Community College, HVAC, Housing, EagleBank, City, Nationals Park, Acquisition, Education, Anacostia River, Mid-Atlantic (United States), SE, Maintenance, Property management, Real estate, River, Concord Communities, Lowe, CONCORD COMMUNITIES, Lowe

Concord Communities, a Washington, DC-based affordable housing owner and developer, has acquired Stanton Glenn, a 379-unit affordable housing community at 3048 Stanton Road, SE in Washington, DC for $39.5 million.

Key Points: 
  • Concord Communities, a Washington, DC-based affordable housing owner and developer, has acquired Stanton Glenn, a 379-unit affordable housing community at 3048 Stanton Road, SE in Washington, DC for $39.5 million.
  • Concords top priority is to improve Stanton Glenn and position it as a comfortable and welcoming affordable housing option in the community, said Mark Rivers, executive vice president of Concord Communities and Lowe.
  • The mission of Concord Communities is to provide quality affordable housing, through rehabilitation and new construction, that benefits residents, improves neighborhoods and addresses our critical affordable housing shortage.
  • Concord Communities is actively pursuing acquisition and development opportunities to create affordable housing communities in the Mid-Atlantic region.

Eagle Bancorp Announces Earnings Call On January 20, 2022

Retrieved on: 
Wednesday, January 5, 2022
Risk, Company, GLOBE, Webcast, Securities Exchange Act of 1934, NASDAQ, SEC, Goal, EagleBank, EGBN, Interest, Conference, Risk management

Those results will be released after the close of business on January 19, 2022.

Key Points: 
  • Those results will be released after the close of business on January 19, 2022.
  • The call will also be available live via webcast on the Companys website, which is www.EagleBankCorp.com .
  • A replay of the call will be available on the Companys website through February 3, 2022.
  • Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998.

The Menkiti Group Celebrates Groundbreaking on Phase II of MLK Gateway Project in Historic Anacostia

Retrieved on: 
Tuesday, November 23, 2021
Heart, Atlantic Union Bank, CEO, SF, Community development, Ifeanyi Menkiti, Technology, Private sector, Economic development, Ministry of Finance, Planning and Economic Development (Uganda), SE, Architecture, Community Builders Group, Industrial bank, MLK, EVP, Housing, Anacostia River, Culture, LISC, Government, Chase, Opportunity zone, EagleBank, Ward, Multimedia, Economy, California Department of Housing and Community Development, Department, Life, Commerce, Blank Studio Architecture, Commercial property, Management, Bank

The development of this project is being led by The Menkiti Group and co-developed by SHIFT Capital, and Enlightened Inc.

Key Points: 
  • The development of this project is being led by The Menkiti Group and co-developed by SHIFT Capital, and Enlightened Inc.
  • The second phase of MLK Gateway will include construction of a new building at 1909 Martin Luther King Jr. Ave.
  • "MLK Gateway II shows how mission-driven development and community-focused investment works," said Brian Murray, CEO of SHIFT Capital.
  • The development of both phases of MLK Gateway is being led by local D.C.-based Black-owned integrated real estate services company, The Menkiti Group.

INVESTIGATION ALERT: Halper Sadeh LLP Investigates DRNA, RC, HFC, EBMT; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Thursday, November 18, 2021
Sale, Sinclair Oil Corporation, Capital, First Community Bancshares, EagleBank, Acquisition, HollyFrontier, NYSE, Novo Nordisk, Transport, GLOBE, Labour-sponsored venture capital corporation, LLC, EBMT, Fraud, HFC, Advertising, NASDAQ, Private investigator, Security (finance)

Upon closing of the merger, Ready Capital stockholders are expected to own approximately 70% of the combined companys stock.

Key Points: 
  • Upon closing of the merger, Ready Capital stockholders are expected to own approximately 70% of the combined companys stock.
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Eagle Bancorp, Inc. Announces Cash Dividend

Retrieved on: 
Wednesday, November 17, 2021
Coronavirus, Risk, Bank, EagleBank, Company, SEC, Securities Exchange Act of 1934, Goal, GLOBE, Uncertainty, NASDAQ, EGBN

BETHESDA, Md., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company for EagleBank, today announced a cash dividend for the fourth quarter of 2021, in the amount of $0.40 per share.

Key Points: 
  • BETHESDA, Md., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company for EagleBank, today announced a cash dividend for the fourth quarter of 2021, in the amount of $0.40 per share.
  • The cash dividend will be payable on January 31, 2022 to shareholders of record on January 19, 2022.
  • About Eagle Bancorp: The Company is the holding company for EagleBank, which commenced operations in 1998.
  • Except as required by law, the Company does not undertake to update forward-looking statements contained in this release.

Moore Kuehn Encourages EMBT, VSAT, IHC and CSPR Investors to Contact Law Firm

Retrieved on: 
Thursday, November 18, 2021
Fraud, Stock duration, Board, Viasat, Inmarsat, Google, Wall Street, First Community Bank, EagleBank, PLLC, Telephone, IHC, Property management, Bank

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of theshareholders of these companies:

Key Points: 
  • Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of theshareholders of these companies:
    Eagle Bancorp has agreed to merge with First Community.
  • Under the proposed transaction, Inmarsat's shareholders will receive $850 million in cash and 46.36 million newly issued Viasat shares.
  • Moore Kuehn encourages shareholders who would like to discuss their rightsto contact Justin Kuehn, Esq.
  • Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims.

The Menkiti Group Celebrates Major Milestones on Historic MLK Gateway Project in Anacostia

Retrieved on: 
Monday, November 15, 2021
Ward, Ifeanyi Menkiti, SE, Private sector, Commerce, Ministry of Finance, Planning and Economic Development (Uganda), Department of General Services, Eighth Ward, Chase Bank, Food market, Local Initiatives Support Corporation, DGS, Economic development, Culture, California Department of Housing and Community Development, Technology, General Services Administration, Intention, MLK, Anacostia River, Economy, Heart, Industrial bank, CEO, Department, Housing, Multimedia, City, PNC Financial Services, EagleBank, Community development, SF, Government, LISC, Oil, Renewable energy, Management, Financial services

The development of both phases of the project is being led by local D.C.-based Black-owned integrated real estate services company, The Menkiti Group.

Key Points: 
  • The development of both phases of the project is being led by local D.C.-based Black-owned integrated real estate services company, The Menkiti Group.
  • MLK Gateway is a powerful example of a successful collaboration between the D.C. Government, private sector, and local residents.
  • Located at the corner of Good Hope Road and Martin Luther King Jr. Avenue SE, MLK Gateway is a community-oriented project that drives neighborhood impact in the heart of historic Anacostia.
  • "We are proud to deliver phase one and break ground on the second phase of this catalytic project east of the river," said Bo Menkiti, Founder and CEO, The Menkiti Group.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates VSAT, LEVL, FIBK, EBMT; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Thursday, November 11, 2021
Inmarsat, Viasat, EagleBank, First Community Bancshares, Interstate Highway System, NASDAQ, Level 1, First Interstate, First Merchants Corporation, Sale, Fraud, GLOBE, VSAT, Advertising, EBMT, Security (finance)

If you are a Viasat shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Viasat shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.