After passing him, the suspects' vehicle was used to block the road in front of him. Three males emerged from the sedan, two of whom were brandishing firearms. They forced the victim into the back seat of his own car, and took his cellphone. After attempting to drain his online bank accounts using the victim's phone, they demanded the PIN number for his debit card, and took his credit cards and cash.
His stolen vehicle has not yet been located.
Anyone with information regarding these suspects or this crime is asked to call the Major Crimes Division at 240-773-5100. Those who wish to remain anonymous may call Crime Solvers of Montgomery County toll-free at 1-866-411-TIPS (8477) or submit a Crime Solvers tip online or via the app. Crime Solvers may pay a cash reward of up to $10,000 for information that leads to an arrest in this case.
The buyer will have the right to proceed with the approved development of 80 apartments and 6912 SF of ground floor retail. But after adding another barrage of thousands and thousands of new rental apartments countywide after the "Great Recession," the market has shown weakening demand at the rental price points offered. In contrast to promises of elected officials that more supply would lower rents, rents have remained high, or gone higher.
As a result, many new "luxury" buildings have been left with dozens of vacant units. Rather than "leasing up," they have filled their buildings by taking in airbnb-style hotel guests, college students, and contract housing/corporate "extended stay" hotel residents, none of whom are paying the full-freight rent. The resulting lower profit margin can present a problem, especially for smaller development firms.
