Maryland team visits China as part of background check for Pr. George’s casino

A team of Maryland gambling regulators and law-enforcement officers spent several days in China last week as part of an ongoing investigation into the suitability of MGM Resorts to operate a casino in Prince George’s County, according to a person familiar with the trip. MGM officials said last year that they fully expected Maryland regulators to examine the company’s relationship with Pansy Ho but said they were confident the review would not derail MGM’s efforts to build and operate an $800 million “luxury resort” at National Harbor, the 300-acre mini-city on the banks of the Potomac River. (Wash. Post)

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United Therapeutics proposes to expand Silver Spring campus

A Silver Spring company is looking to build the county’s first net zero facility, a building that would produce enough energy to sustain itself annually. United Therapeutics —a biotechnology company that works on the development and commercialization of unique medical products — is expanding its campus with the new facility on the corner of Spring Street and Colesville Road in downtown Silver Spring. (Gazette)

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Baltimore-area credit unions among largest mortgage originators

Three Baltimore-area credit unions were among the 300 largest originators of mortgages last year, according to an industry group. SECU placed 29th in the ranking by the American Credit Union Mortgage Association. The Linthicum-based credit union originated 2,973 first mortgages — both fixed-rate and adjustable-rate — worth a combined $619.3 million in the 12 months ended Dec. 31. (Balt. Bus. Journal)

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Monument Realty teams with Angelo, Gordon on North Bethesda office project

Monument Realty is teaming up with Angelo, Gordon & Co. to launch a $10 million renovation of Executive Plaza, a two-building office complex in North Bethesda slated to be vacated in September when the National Cancer Institute relocates to a new headquarters in Rockville. Monument Realty Principal Michael Darby said he hopes the project will position Executive Plaza to capture new tenants seeking large blocks of space in Montgomery County. (Wash. Bus. Journal)

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Baltimore County shopping center sells for $24M

Golden Ring Plaza at the corner of Rossville Boulevard and Philadelphia Road in Rosedale has been purchased by New York-based Katz Properties LLC. Katz paid $24 million for the shopping center, according to CoStar Group Inc. CBRE Group Inc. brokers could not be reached to confirm the price. (Balt. Bus. Journal)

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Myersville decides not to seek judicial review of federal agency's decision

Town officials will not ask a court to review the Federal Energy Regulatory Commission's denial of a request to reconsider granting conditional approval of a plan to build a gas compressor station in Myersville. (News-Post)

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Barbecue business markets to vets, service members

Two local men are on a mission to bring what they consider to be the best barbecue to more people and to do so quickly. Bill Kraus and Steve Newton want to have a restaurant chain with more than 40 outlets and $100 million in annual revenue by 2018. Right now, they have two locations, in Glen Burnie and Perry Hall. A big reason they think they'll be successful: The ubiquity of military service members, police officers, firefighters, their families and friends. (Balt. Sun)

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SEC lifts advertising ban for private securities

The Securities and Exchange Commission lifted last week a Depression-era ban against private companies advertising the sale of securities that don't have to be registered with regulators. That rule had been put in place to protect investors because such securities are considered a riskier investment. (Balt. Sun)

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