Real Estate

Baltimore plans $13M rent assistance fund

Baltimore Mayor Bernard C. “Jack” Young speaks on Wednesday, Feb. 26, 2020. (The Daily Record / Adam Bednar)

Baltimore Mayor Bernard C. “Jack” Young announced Tuesday that the city will spend $13 million in federal grant money to help residents avoid eviction. During an afternoon news conference at the War Memorial Building, Young said he’s dedicated Community Development Block ...

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Orangetheory signs Stadium Square deal

Arsh Mirmiran, a partner at Caves Valley Partners, said Wednesday that he is confident that the $250 million Stadium Square project will be fully leased when the building opens in late March. (Photo by Adam Bednar)

The Hanover Co. said its inked its first retail lease at the Houston-based firm’s 299-unit luxury-apartment building The Hanover Cross Street at Stadium Square. Orangetheory Fitness agreed to lease roughly 3,600 square feet of ground-floor space at the property, and ...

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Hogan will allow Preakness bill to become law

Cloud Computing (2), ridden by Javier Castellano, second from left, wins142nd Preakness Stakes horse race at Pimlico race course as Classic Empire (5) with Julien Leparoux aboard takes second, Saturday, May 20, 2017, in Baltimore. (AP Photo/Matt Slocum)

Gov. Larry Hogan will allow a bill providing state financing for upgrades at racing facilities that supporters say ensures the future of Preakness Stakes in Baltimore and the horse racing industry in Maryland to become law without his signature. The ...

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Baltimore area construction starts rise in March despite outbreak

FILE - In this Oct. 23, 2019, file photo a worker climbs a ladder as cranes work the construction site for the new corporate headquarters of Norfolk Southern in Atlanta. On Wednesday, Nov. 27, the Federal Reserve releases its latest "Beige Book" survey of economic conditions. (AP Photo/David Goldman, File)

Construction starts in the Baltimore metro area in March outpaced the year before despite the COVID-19 pandemic, according to a recent report. While emergency orders issued by Gov. Larry Hogan have kept most workers at home, labor on new buildings ...

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Amazon plans 2nd massive fulfillment center at Tradepoint Atlantic

A worker at Amazon's fulfillment center. (File)

Amazon plans to open another massive fulfillment center at the Tradepoint Atlantic development on Sparrows Point. Tradepoint Atlantic said Thursday that Amazon plans to add a 1-million-square-foot property. The online retailing and cloud infrastructure behemoth already operates an 855,000-square-foot fulfillment ...

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Klein Enterprises’ COVID-19 hurdles reflect industry’s challenges

Klein Enterprises purchased Market at Opitz Crossing for $29.25 million. (Photo courtesy of Klein Enterprises)

Daniel Klein, president of Klein Enterprises, said the family-owned firm’s diverse portfolio provides some protection against the economic crisis created by the COVID-19 pandemic, but they’re not immune. Klein’s challenges offer an insight into the challenges confronting companies spanning a ...

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Md. real estate shows symptoms of COVID-19 slowdown

Despite some recent evidence of improvement in Baltimore’s residential housing market, a new survey concludes that it’s almost the worst among major U.S. cities. (The Daily Record File)

The housing market in Maryland’s two major metro markets started strong before the COVID-19 pandemic prompted lockdown orders from elected officials. Both Baltimore and Washington metro areas, according to MarketStats data by ShowingTime, posted their highest median March sales prices ...

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