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Author Archives: Sean Wallace

Hughes wins contract for state agency internet service

Hughes Network Systems LLC, a Germantown-based provider of broadband satellite networks and services, announced Tuesday it was awarded a NASPO (National Association of State Procurement Officials) ValuePoint contract to deliver HughesNet for Business to state agencies and eligible political subdivisions. Under ...

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Severn Bancorp announces dividend

Severn Bancorp Inc., parent company of Severn Bank, announced Wednesday its board of directors approved a cash dividend to its shareholders of 3 cents per share of common stock, payable June 17 to shareholders of record at the close of business ...

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Walker & Dunlop arranges $45.2M for land refinancing deals

Walker & Dunlop Inc. provided $45.2 million in financing for two parcels of land in Boca Raton and Miami, Florida, the Bethesda-based commercial real estate finance company announced Wednesday. Miami-based Eric McGlynn and Kevin O’Grady, both managing directors in the company’s capital markets group, arranged the nonrecourse loans, effectively lowering ...

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