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Time Group pitches new Park Avenue apartments
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. Plans for the project also involve a 4,000-square-foot retail building on the site, but it’s […]
Poor quarter for D.C., Baltimore apartment markets, but outlook brightening
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 bo[...]
Historic Baltimore property sells
The new owners, 7 West Mulberry Partners LLC, intends to convert the former Catholic school building near downtown Baltimore to a multifamily use.
Apartments contributed $7.9B to Baltimore’s economy
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 come as a surprise. The multifamily market has performed exceedingly well in the wake of […]
Private developers spicing up student housing
Student housing developers are starting to include luxury apartment style amenities to lure student tenants.
Sneak peek inside Icon Residences at The Rotunda
The 379 luxury apartments are part of a massive overhaul of the enclosed mall into a mixed-use development in Hampden, one of Baltimore's most popular neighborhoods.
Annapolis waterfront apartments sell for $105M
CBRE marketed Watergate Village marketed the site as a "value add" property.
Baltimore multifamily market looks strong
Although some markets are weakening, Baltimore's multifamily market is positioned to thrive heading into the spring leasing season.
Bill would subject Towson apartment projects to design review
A measure sponsored by Councilman David Marks would require residential projects in downtown Towson to be reviewed by the Design Review Panel.
Towson Row takes small steps forward
A Baltimore County review panel is scheduled to scrutinize site plans for the proposed $350 million Towson Row development. Demolition to make way for the project could begin in the next few weeks. The county’s Design Review Panel is scheduled to review the project’s site plan at 6 p.m., Wednesday in the Jefferson Building. The […]
Poverni Ventures mulls downtown bank redevelopment
The developer is considering turning the building at 115 N. Charles St. into a mixed-use building with 25 apartments.
Rent and vacancy concerns in Maryland submarkets
Although vacancy rates for apartments continued to decline in 2014 concerns about demand new products in Baltimore and Washington D.C. suburbs may hold down rents and increase vacancy rates.
