The Daily Record often covers big real estate projects built by major developers with well-funded investors. But today marks the inaugural installation of something different: “Real Astute,” an occasional feature where I will profile small-time residential real estate investors. The ...
Read More »Buyer willing to invest $100M in Tropicana upgrade
The Baltimore developer tapped as a potential buyer of the Tropicana Casino and Resort plans a $100 million face-lift of the troubled casino hotel after the deal goes through, the casino's state-appointed trustee said Monday.
Read More »Real Astute: Finding a residential real estate niche
When Nikolay Todorov arrived in America at age 19, it was a country he’d only heard about in movies. By his own account, he brought only a suitcase full of clothing and $200, and came from his native Bulgaria ready to work.
Read More »New home sales skid, while mortgage rates jump
New home sales tumbled in August to the slowest pace in 17 years, while mortgage rates spiked this week, increasing pressure on the new chief executives of Fannie Mae and Freddie Mac to help stabilize the housing market.
Read More »A proving ground for container housing
If you like converted shipping containers as a housing option for Mexican border towns (see today’s Uncover Story), how about putting them in Monkton? A nursery owner famous for his irises had a double-container house built for one of his ...
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Read More »Young firm turns shipping containers into homes
It was a side trip through a destitute, ramshackle neighborhood in Ciudad Juarez, Mexico, that detoured Brian McCarthy from building houses in Albuquerque to an idea to offer the very poor a chance to own a home.
Read More »New real estate fund to asquire, redevelop distressed properties
Affiliates of Tyler – Donegan Real Estate have formed the Mid-Atlantic Capital Fund LLC to invest in and develop distressed properties with a high potential for return on investments.
Read More »Cordish in line to take over Atlantic City's Tropicana Casino
Baltimore-based developer David Cordish has begun formally negotiating a $700 million deal to buy the orphaned Tropicana Atlantic City Casino & Resort, the New Jersey Casino Control Commission announced Tuesday.
Read More »Cordish Co. is negotiating for Tropicana
Baltimore-based developer David S. Cordish has formally begun negotiating a $700 million deal to buy the troubled Tropicana Atlantic City Casino & Resort, the New Jersey Casino Control Commission announced Tuesday.
Read More »Home prices fell 5.3 pct in July, gov't says
Nationwide home prices in July fell a record 5.3 percent compared with a year ago, a government agency said Tuesday, and have now receded to October 2005 levels.
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