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Tag Archives: rockville

Rockville REIT announces sale of assets

Washington Real Estate Investment Trust, a Rockville-based REIT that owns commercial and multifamily properties in the Washington area, said it has contracted to sell its entire, 17-building medical office building portfolio, as well as two suburban Virginia office buildings and a land parcel, to an unidentified buyer for $500.75 million.

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Rockville-based Neuralstem reports higher 2Q loss (access required)

Neuralstem Inc., of Rockville, a biotherapeutic company developing products to treat central nervous system disorders with patented stem cell technology, reported a second-quarter net loss of $6.25 million, or 9 cents per share, compared to a net loss of $2.5 million, or 4 cents per share, in the prior-year period.

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Choice Hotels’ sees less profit in 2Q (access required)

Choice Hotels International Inc., of Rockville, a hotel franchise chain whose brands include Comfort Inn, Econo Lodge and Quality Inn, reported second-quarter net income of $28.2 million, or 48 cents per diluted share, an 11.6 percent drop from the $31.9 million, or 55 cents per share, in the year-before period.

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Choice Hotels 2Q profit slips, but still tops view

ROCKVILLE — Choice Hotels International Inc., whose brands include Comfort Inn, Econo Lodge and its namesake, said Friday that its net income fell 11.4 percent in the second quarter, weighed down by increased operating expenses. The lodging company’s quarterly results ...

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