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Real Estate

Development cap may take a big bite out of Howard County’s revenues

Howard County Executive Calvin Ball’s administration is warning that a measure he backed as a councilman to lower the threshold for halting real estate development due to school enrollment could slash the county’s net revenues by $152 million over the ...

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Meeting slated to review $140M Penn Station overhaul

The development team leading a $140 million overhaul of Baltimore’s Penn Station plans a second public meeting next week to hammer out details for how to transform the historic train station. This marks the second meeting to gather public input on the ...

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Trump ‘rodent’ tweets ring true at Kushner-owned apartments in Baltimore

Davon Jones doesn’t have to look far to see the irony in President Donald Trump’s tweets that Baltimore is a “rat and rodent infested mess.” His apartment, owned by the president’s son-in-law, has been invaded by mice since he moved in ...

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Colorado firm to manage Frederick multifamily community

Denver-based multifamily property management company Mission Rock Residential is expanding its northeastern presence with the announcement Wednesday it has signed a management contract for The Reserve at Ballenger Creek Apartments in Frederick. The company has been issued an agreement for the ...

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Baltimore metro apartment demand slows but still above average

Leasing of top-flight apartments in the Baltimore metro area slowed last quarter, but demand still remained relatively high, according to a recent report. Renters in the region leased nearly 2,900 Class A units in the second quarter, according to Delta ...

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First Washington Realty acquires 5 shopping centers in D.C. area

Bethesda-based First Washington Realty, Inc. announced the acquisition of five properties in the Washington, D.C., metro area. The terms of the transaction was not disclosed. The purchase includes Bradlee Shopping Center, Shoppes at Foxchase, Gateway Overlook, Olney Village Center and ...

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Activists warn that Maryland’s affordable housing crisis is only worsening

Providing sufficient affordable housing in the Baltimore region amid rising home prices is reaching a crisis state, activists are warning. Roughly 70,000 lower-income renter households in the region need affordable units, according to Baltimore Metropolitan Council research released in late ...

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Multifamily housing developers emphasizing technology, amenities

Multifamily housing is now driven by offering multi-amenities, while in the near future, new high-tech platforms and discoveries in biophilic design will be incentives, say some Maryland developers. In luxury condominiums high above Locust Point, the future is now for ...

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Affordable housing activists seek control of Baltimore trust fund dollars

Activists who urged creating Baltimore’s Affordable Housing Trust Fund want the commission overseeing the multimillion-dollar reserve to adopt their recommendations for selecting projects to support. Advocates and some members of the Affordable Housing Trust Fund Commission raised concerns about Baltimore ...

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Liberty Harbor East developers set to deliver residences

The development team behind the 22-floor Liberty Harbor East expects tenants to move into the apartment portion of the mixed-use project in Baltimore’s Harbor East this month and has launched sales of the tower’s condos. Tenants, so far, have rented ...

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