Maryland Daily Record Maryland's trusted source for business and legal news
Rockville-based Lerner Enterprises has acquired Lerner Parc at Gatlin Commons, a 200-unit class-A multifamily garden community in Port St. Lucie, Florida.
Read More »Lerner Enterprises acquires Florida multifamily garden community
St. John Properties achieves 100th LEED certification
Baltimore-based St. John Properties Inc. earned LEED certification for the 100th building in its national portfolio.
Read More »Merritt Properties expands Fla. footprint, acquires 16 acres for flex/light industrial business park
Baltimore-based Merritt Properties Tuesday announced the acquisition of 16 acres of land in Jacksonville, Florida for the development of a 158,400-square-foot flex/light industrial business park. This marks the developer’s second speculative, flex/light industrial project in the market. Located in Clay County, one of Florida’s fastest ...
Read More »St. John Properties opens regional office in NC
Baltimore-based St. John Properties Inc. has entered the North Carolina market with the opening of a new regional office in Raleigh.
Read More »Home sales fell in September for eighth straight month
Sales of previously occupied U.S. homes fell in September for the eighth month in a row, matching the pre-pandemic sales pace from 10 years ago.
Tagged with: home sales housing
Read More »Average long-term mortgage rates up another quarter point
Average long-term U.S. mortgage rates reached their highest level in more than two decades this week and are likely to climb further.
Tagged with: mortgages
Read More »Tenenbaum-led group purchases $5M commercial property in Baltimore County
A local investment group led by JSM Services President Sam Tenenbaum acquired a Baltimore County building for $5 million.
Read More »Hyatt Commercial facilitates sale of downtown Annapolis building
Hyatt Commercial Friday announced the sale of 15 School St., 4,059-square-foot, three-story newly renovated building in downtown Annapolis. Terms of the transaction were not disclosed. After Hyatt Commercial assisted the sellers in fully leasing the newly renovated building, they were ...
Read More »Univest signs lease in Lutherville for first location in Baltimore area
Univest Bank and Trust Co., which operates as the retail division for Univest Financial Corp., has has signed a lease with Valley Gateway, LLC for 6,250 square feet of space at 10801 Tony Drive in the Lutherville-Timonium section of Baltimore ...
Read More »David Ian Bavar, co-founder of KLNB, dies at 86
David Ian Bavar, co-founder of the commercial real estate services company KLNB, died Sept. 28.
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