Walker & Dunlop arranges $30.4M construction loan for Ill. project

September 24, 2021 Comments Off on Walker & Dunlop arranges $30.4M construction loan for Ill. project (access required)

Bethesda-based commercial real estate finance company Walker & Dunlop Inc. Friday announced it arranged construction financing in the amount of $30.388 million for The Clublands of Antioch by Moda Homes, a 110-unit single-family rental community in Antioch, Illinois. The project is being developed by Moda Homes, who ...

HUD awards Enterprise Community Development $4.6M for multifamily housing for low-income seniors

September 23, 2021 Comments Off on HUD awards Enterprise Community Development $4.6M for multifamily housing for low-income seniors (access required)

Baltimore-based Enterprise Community Development will receive $4.6 million of $143 million in grants to nonprofit organizations given nationwide by the U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs to support the development of new affordable ...

Baltimore establishes tax sale work group, purchases 454 liens

September 23, 2021 Comments Off on Baltimore establishes tax sale work group, purchases 454 liens (access required)

In an effort to protect legacy homeowners, Baltimore is establishing a work group to develop long-term solutions to the tax lien certificate sale process.

Tagged with: city of baltimore tax liens tax sale

Existing home sales fell in August as price growth slows

September 22, 2021 Comments Off on Existing home sales fell in August as price growth slows (access required)

Sales of previously occupied U.S. homes fell in August, and prices that have been soaring eased, the latest sign the housing market is cooling.

Tagged with: home sales Real Estate

Home construction up 3.9% in August after July drop

September 21, 2021 Comments Off on Home construction up 3.9% in August after July drop (access required)

U.S. home construction rebounded a better-than-expected 3.9% in August, with the strength coming in apartment construction.

Tagged with: home construction housing Real Estate

Inflation forces homebuilders to take it slow, raise prices

September 20, 2021 Comments Off on Inflation forces homebuilders to take it slow, raise prices (access required)

Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders.

Tagged with: home construction housing Real Estate

Port Covington Development Team adds retail leasing arm

September 14, 2021 Comments Off on Port Covington Development Team adds retail leasing arm (access required)

The Port Covington Development Team announced the selection of its retail leasing team for Port Covington, a 235-acre redevelopment project in Baltimore.

Tagged with: Baltimore port covington

In hot housing market, companies compete with would-be homeowners

September 10, 2021 Comments Off on In hot housing market, companies compete with would-be homeowners (access required)

Soaring home prices and rents are fueling real estate companies’ appetite for houses, adding unwelcome competition for many would-be homebuyers.

Tagged with: housing Real Estate

Baltimore allots $4M for Affordable Housing Trust Fund

September 3, 2021 Comments Off on Baltimore allots $4M for Affordable Housing Trust Fund (access required)

Baltimore is making available $4 million for single-family home assistance in Community Land Trusts through its affordable Housing Trust Fund.

Tagged with: affordable housing Baltimore housing

Baltimore agency awarded $1M to help low-income elderly homeowners

September 1, 2021 Comments Off on Baltimore agency awarded $1M to help low-income elderly homeowners (access required)

A Baltimore agency was awarded $1 million for programs providing safety modifications and repairs for low-income elderly homeowners.

Tagged with: housing