The housing market in Maryland’s two major metro markets started strong before the COVID-19 pandemic prompted lockdown orders from elected officials. Both Baltimore and Washington metro areas, according to MarketStats data by ShowingTime, posted their highest median March sales prices ...
Tagged with: Maryland business COVID-19
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Commercial real estate professionals are bracing for extremely slow activity in both leasing and sales across asset types for the foreseeable future, even after COVID-19 stay-at-home orders are lifted. While “a robust data set” recording the economic toll of the ...
Tagged with: Maryland business COVID-19
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Howard County Executive Calvin Ball said Monday his administration has finalized the purchase of all 10 properties on lower Main Street in Ellicott City as part of a plan to protect the flood-prone historic retail district. The county most recently ...
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Housing advocates are calling on Baltimore Mayor Bernard C. “Jack” Young to start moving homeless residents into hotels to reduce the spread of COVID-19. Baltimore City Councilman Ryan Dorsey and Councilman Zeke Cohen were among those requesting that Baltimore house ...
Tagged with: Maryland business COVID-19
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Cornerstone Financial plans to leave Baltimore and has signed a lease for office space in Towson.
Tagged with: Baltimore Chesapeake Real Estate Group Cornerstone Financial
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Maryland’s lawmakers passed legislation funding improvements to Pimlico Race Course and Laurel Park with $375 million in public financing that the tracks’ owner wanted, but supporters didn’t get everything they sought. In the sprint to finish business amid the COVID-19 ...
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A leading association for commercial real estate professionals said Thursday it is launching efforts to connect nonprofits and philanthropic organizations with space to organize relief efforts in response to the COVID-19 pandemic. The Society of Industrial and Office Realtors launched ...
Tagged with: Maryland business COVID-19
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As efforts to control the spread of the new coronavirus in Maryland increase, businesses are delaying events in order to restrict the spread of the respiratory illness. Maryland businesses and developers, such as Port Covington builder Weller Development Co., already have started ...
Tagged with: Maryland business COVID-19
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The Maryland suburbs adjoining Washington have long struggled to provide enough affordable housing for middle-income residents. But these days, as construction proceeds on Metrorail’s Purple Line through Montgomery and Prince George’s counties, the struggle has intensified. Due to be completed ...
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Baltimore’s real estate market has fully recovered from the ransomware attack that last year crippled the city’s digital infrastructure, real estate officials said. But officials are still working to improve the city’s aged information technology system. “While our system was ...
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