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Real Estate

Construction industry faces another tough year

The construction industry, nationally as well as in Maryland, faces another tough year as the economic damage caused by the COVID-19 outbreak continues into the spring. Industry analysts expect less volatility in the construction sector in 2021, but number crunchers ...

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How Md.’s construction industry can deal with a post-pandemic future

When 2020 began, the construction industry across the Baltimore region was thriving.  After a very robust 2019, most contractors and construction companies were looking forward to more of the same. But then the COVID-19 pandemic became the biggest disrupter anyone ...

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2 companies buy 2,566 apartment units in central Maryland

Morgan Properties, the largest owner and operator of multifamily residences in the state of Maryland, and Olayan America have acquired 2,566 apartment units in central Maryland as part of a massive acquisition that spanned 11 states. The two companies announced Wednesday that ...

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Hatzel & Buehler doubles amount of space at Greenleigh following expansions

Hatzel & Buehler Inc., the oldest operating electrical contracting company in the United States, has doubled the amount of space leased with St. John Properties, Inc. to more than 20,000 square feet at Greenleigh in Baltimore County. The company, which ...

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Marketing Agency MGH moving to Hunt Valley Towne Centre

Mid-Atlantic developer Greenberg Gibbons Thursday announced that MGH, a full-service marketing communications agency, will be moving its headquarters to a 20,000-square-foot office space at Hunt Valley Towne Centre. MGH will be relocating from its current location in Owings Mills to ...

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DC affordable housing preservation project gets $21.9M in Walker & Dunlop financing

Bethesda-based commercial real estate finance company Walker & Dunlop Inc. Wednesday announced it structured $21.9 million in financing for the acquisition and substantial renovation of an existing 42-unit affordable housing property in Washington with an additional four new construction units. The property, Ritch Homes ...

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MD Energy Advisors provides $3M CPACE loan for former printing facility in Baltimore County

Baltimore-based MD Energy Advisors provided a $3 million commercial property-assessed clean energy (CPACE) loan to Garver Development Group to fund significant property upgrades and a comprehensive transformation of the former Port City Press printing facility in Pikesville, the group announced ...

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Continental Realty Corp. No. 23 on national multifamily management companies

Continental Realty Corporation (CRC)  ranked 23rd in the country for the company’s Top 100 Experience & Performance Intelligence Quotient (epIQ) Index score, as compiled by ApartmentRatings.com and SatisFacts. Baltimore-based CRC, which owns and manages approximately 10,000 apartment homes throughout the ...

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Walker & Dunlop sells, finances Marquis multifamily property near LA

Bethesda-based commercial real estate finance company  Walker & Dunlop Inc. announced Monday it completed the sale and financing for OLiVE DTLA, a 293-unit Class A multifamily property completed in 2016. The seven-story building is located in downtown Los Angeles’  desirable South Park neighborhood, ...

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