News From Our Network

Loudoun County Population Now Tops 400,000

DEVELOPMENT Loudoun County has been the fastest-growing jurisdiction in Virginia seemingly forever, and that means topping the occasional milestone. The latest: 400,000. The county’s recently released Comprehensive Annual Financial Report for fiscal year 2018 pegs...

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City Council Approved the Fair Workweek Ordinance

REGULATIONS Philadelphia City Council voted 14-3 today to pass the "Fair Workweek Employment Standards Ordinance," instituting scheduling and predictability pay requirements for employers in the retail, food services, and hospitality industries. Mayor Jim Kenney...

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Cross River Bank Closes $100 Million Round of Funding

FINANCE Cross River Bank, a New Jersey-based bank focused on financial technology companies, closed a $100-million funding round. New York private equity giant KKR & Co. contributed a majority of the capital with a $75 million equity investment. ... Read more at the...

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Siris Capital to Acquire Travelport for $4.4 Billion

TRANSPORTATION New York-based Siris Capital Group has teamed up with another buyout firm to take the travel software company Travelport Worldwide Ltd. private. Evergreen Coast Capital Corp. will join Siris and pay $15.75 for each Travelport (NYSE: TVPT) share, making...

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Boston Properties Kendall Square Project Moves Forward

DEVELOPMENT Developer Boston Properties has the necessary Cambridge approvals as of early December to build an 18-story, 387,187-square-foot glassy tower at 325 Main Street in busy, busy Kendall Square. That four-story commercial building is currently best-known as...

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