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real estate news

Oct 4, 2012

Week in review: 10/5/12

Utility upgrades may mean surcharge Marylanders could be asked to fork over extra money to utility companies each month to accelerate improvements to the electrical distribution system, according to a report released this week. The report, which detailed 11 recommendations to improve the electric grid’s resiliency and reliability, was released by a task force created […]

Sep 28, 2012

Real Estate Weekly – 9/28/12

Continental Realty Corp. expands Virginia portfolio Continental Realty Corp., a Baltimore-based commercial real estate development and management company, has acquired Chase Heritage, a 236-unit apartment community in Sterling, Va. The property, purchased for $42.5 million, or approximately $180,000 per unit, was acquired on behalf of a real estate fund sponsored by an affiliate of the […]

Sep 28, 2012

Realities of Real Estate: What to watch for in a changing real estate market

By nearly every statistical measure, the real estate markets are in a period of transition. We’ve gone from boom to bust, and now we’re on a path to renewed growth.

Sep 24, 2012

Constellation exec buys Michael Phelps’ townhome

A Constellation Energy executive bought Michael Phelps’ Baltimore townhome for nearly $450,000 less than the Olympic swimmer paid for the property. Maryland property records show Joseph Nigro bought the property in the city’s Fells Point waterfront neighborhood for $1.25 million earlier this month. The swimmer bought the property in 2007 for $1.69 million. Nigro is […]

Sep 21, 2012

Real Estate Weekly – 9/21/12

Affordable apartments for seniors being developed by D.C. Archdiocese Construction has started on Victory Court, a mixed-income senior community that will bring 86 apartments to downtown Rockville. The property is being developed by the Archdiocese of Washington’s nonprofit affordable housing development affiliate, Victory Housing, in partnership with Montgomery County’s Department of Housing [...]

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