The Aspen Hill Club has been sold but will continue operating, ensuring no immediate changes for members of the longtime Montgomery County fitness and racquet facility.
Business
The Greater Capital Area Association of REALTORS®, known as GCAAR, a major real estate trade organization representing more than 11,000 real estate professionals in Montgomery County and Washington, D.C., has introduced its 2026 Board of Directors, with Russell Brazil stepping into the role of president.
Bethesda-based security technology company Brivo (7700 Old Georgetown Rd.) is set to significantly expand its global footprint following the announcement of a major merger that will create the world’s largest AI cloud-native physical security company.
Federal Realty Investment Trust announced this week that it has completed the sale of Pallas at Pike & Rose in North Bethesda, marking a major Montgomery County transaction as part of a broader $170 million asset sale.
Montgomery County Government and the Montgomery County Economic Development Corporation have announced the selection of 55 early-stage companies to receive grants through the County’s Technology Innovation and Founders Funds program, a competitive initiative designed to support technology commercialization and help local startups grow.
Chris Vondas and Alex Alperstein of AdvisoRE LLC brokered the sale of the building at 7909 Norfolk Avenue, which officially closed Monday for $1.1 million. The property was sold to an investor.
MedStar Health announced that MedStar Montgomery Medical Center has earned Geriatric Emergency Department Accreditation (GEDA), recognizing the hospital’s efforts to provide specialized emergency care for older adults. The designation places the hospital among a relatively small group nationwide, with approximately ten percent of emergency departments achieving this accreditation.
Montgomery County was proudly represented on one of the biggest financial stages in the world this week as Dimitri Moshovitis, co-founder of CAVA and alumnus of Quince Orchard High School, joined the Greek and Greek-American delegation at the New York Stock Exchange for its annual Greek-American Issuer Day bell-ringing ceremony on Wednesday, December 10th.
Two Maryland restaurants, including one right here in Montgomery County, have earned national recognition on Restaurant Business’ prestigious 2025 “Top 100 Independents” list, which highlights the country’s highest-grossing independent dining establishments.
Shoppers Food has laid off 185 employees across Maryland following the closure of four additional stores in November, including the longtime Germantown location at 18066 Mateny Road.
Gaithersburg-based Adventist HealthCare has been named to Newsweek’s 2025 list of Most Trustworthy Companies in America. The rankings were determined by examining three main public pillars of trust, customer trust, potential investor trust, and potential employee trust, as well as evaluating online remarks.
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