First Potomac Names New Chairman

Published May 23, 2007, 2:00 p.m. EDT

1 Min Read

Douglas J. Donatelli has been named chairman of the board and chief executive officer of First Potomac Realty Trust, a real estate investment trust based in Bethesda, Md.Mr. Donatelli will succeed Louis T. Donatelli, who will continue to serve as a trustee, the industrial and flex-property REIT said. Douglas Donatelli has been president, CEO, and trustee of the company since its founding in 1997. The REIT said its portfolio now contains 70 properties totaling 11.2 million square feet.

Processing Content

For reprint and licensing requests for this article, click here.

MORE FROM NATIONAL MORTGAGE NEWS

Housing markets

Lock-in effect drives home renovation boom, Redfin says

About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin.

By Colin McNamara
Reporter

April 17
Condos and HOAs

HOA liens have surged amid rising owner costs

Sun Belt states saw a noticeable surge in liens filed last year, with Florida accounting for 17% of the national total, according to Benutech.

By Spencer Lee
Technology Reporter

April 17
Fifth Third Bancorp

Fifth Third CEO on Comerica integration: So far, so good

CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon.

By Catherine Leffert
Reporter

April 17
Law and legal issues

CRM vendor sues Pennymac for software theft

Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight.

By Andrew Martinez
Reporter

April 17
Politics and policy

Lawmakers spar over GSE credit score modernization plans

Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.

By Bonnie Sinnock
Capital Markets Editor

April 17
Law and legal issues

CMG Mortgage sued for raiding lenders' Arizona branches

SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.

By Andrew Martinez
Reporter

April 17

Load More