First Potomac Realty Trust, Bethesda, Md., has announced the completion of a private placement of $75 million of unsecured senior notes.First Potomac, a real estate investment trust, said the transaction consists of $37.5 million in seven-year series A senior notes bearing a fixed interest rate of 6.41% and $37.5 million in 10-year series B senior notes bearing a fixed interest rate of 6.55%. KeyBanc Capital Markets was the placement agent for the transaction. First Potomac can be found online at http://www.first-potomac.com.
-
Priority Financial Network CEO Marc Shenkman allegedly told a former employee to "keep his resume out there" because he planned to get Lendwise shut down.
1h ago -
Technology and customer service were the two largest categories within operational expenses last year, according to the Mortgage Bankers Association.
June 29 -
Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts.
June 29 -
The move may have been related to the government-sponsored enterprise's duration gap but could also have resulted from many other considerations.
June 29 -
The lawsuit is the third against a California-based mortgage company this month after revelations of another early-2026 incident at a wholesale lender.
June 29 -
The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.
June 29







