News

Morning Notes

Real Estate Market Remains Hot — “A total of 264 properties went to closing in October, up 25.7 percent from the 210 transactions a year before… The Arlington-wide average sales price of $757,378 recorded in October was up 14.5 percent from $661,447, with a 16.7-percent increase in the average sales price of single-family homes (to $1,148,445) and a 2.7-percent increase for attached homes, such as townhouses and rowhouses (to $537,547).” [InsideNova]

Investment for Arlington Tech Firm — “The Center for Innovative Technology (CIT) today announced that Virginia Founders Fund (VFF) has invested in Rosslyn, Va.-based Mesh Intelligence, developer of a proactive food safety and supply chain solution to predict upcoming and evolving risks and disruptions globally to help organizations plan and act faster.” [GlobeNewswire via Potomac Tech Wire]

A-SPAN Gets New CEO — “The Board of Directors of A-SPAN, a nonprofit organization that provides life-saving supportive services for vulnerable people, has announced the appointment of Betsy Frantz to the position of President/CEO on a permanent basis.” [Press Release]

Outdoor Music Prompts Complaints in F.C. — “Live music has been a major draw for Falls Church Distillers over the past few months, which has moved outdoors due to Covid-19 concerns. However, residential neighbors in nearby apartment complexes haven’t taken to the adaptation as well.” [Falls Church News-Press]

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