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Tag Archives: apartments

Time Group pitches new Park Avenue apartments

(Submitted Illustration)

Time Group Real Estate Investment Thursday unveiled schematics for a modernist residential apartment building at 500 Park Ave. The developer presented initial plans for an “L” shaped, six-story building with 153 apartments to the Urban Design and Architecture Review Panel. ...

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Poor quarter for D.C., Baltimore apartment markets, but outlook brightening

Construction continues at Union Wharf Apartments in Fells Point. The apartment market in the first quarter was poor, but prospects are brightening, experts say. (The Daily Record/Maximilian Franz)

The first quarter of 2015 gives reason for optimism about the Class A apartment markets in the Baltimore metro market and the Maryland suburbs of Washington, D.C., according to a report from Delta Associates. But the quarter itself? Not good. In the report, Delta Associates, a Washington, D.C., based commercial real estate research firm, found that rents decreased and vacancy rates increased in both markets compared to the first quarter last year.

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Apartments contributed $7.9B to Baltimore’s economy

(AP Photo/The Sun Journal, Chuck Beckley, File)

According to data from the National Multifamily Housing Council and the National Apartment Association, apartment construction, operation and resident spending contributed $7.9 billion to the local economy and supported 72,800 job in the Baltimore metro area 2013. The findings don’t really ...

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