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Terreno Realty Corp., of San Francisco, which owns and operates industrial real estate, said it has acquired two multitenant distribution buildings in Elkridge.
Tagged with: elkridge Real Estate
Read More »Exelon site park design needs revamp
The city’s design review panel on Thursday rejected design plans for a public park to border the 23-story regional headquarters for Exelon Corp. on the city’s waterfront at Harbor Point.
Tagged with: Baltimore Development exelon maryland Real Estate Urban Design and Architecture Review Panel
Read More »RealtyTrac: Home repossessions rose in May
LOS ANGELES — Lenders stepped up action last month against homeowners who had fallen behind on their mortgage payments, taking possession of more homes and initiating the foreclosure countdown clock on many others. Completed foreclosures jumped 11 percent nationally in ...
Tagged with: Foreclosures homes lenders Real Estate real estate news RealtyTrac
Read More »House gives FHA flexibility on reverse mortgages
WASHINGTON — The House has approved a bill giving the Federal Housing Administration the power to make quick fixes to its financially-troubled reverse mortgage program. The measure lets the agency make changes to the program using mortgage letters rather than ...
Tagged with: federal housing administration Foreclosures Real Estate real estate news
Read More »Alex. Brown Realty expands holdings
A joint venture of Alex. Brown Realty Inc., a Baltimore-based real estate management company, and Chartwell Holdings LLC, of Newton, Mass., has acquired Arbor Trace Apartments, a 10-year-old apartment community in the Steele Creek area of southwest Charlotte, N.C.
Tagged with: Business holdings Real Estate
Read More »S&P gives Freddie ‘Above Average’ servicer ranking
NEW YORK — Standard & Poor’s for the first time has assigned Freddie Mac a ranking as a loan servicer, giving the government-controlled mortgage giant an “Above Average” ranking for its servicing of loans tied to rental apartment buildings. Standard ...
Tagged with: Banking freddie mac rating Real Estate s&p
Read More »Smith Island buyouts removed from recovery plan
PRINCESS ANNE — Maryland has removed property buyouts on Smith Island from a Hurricane Sandy recovery plan. Housing and Community Development Secretary Raymond Skinner told Somerset County Commissioners at a special meeting on Thursday that the department decided against the ...
Tagged with: grants hurricane sandy Real Estate somerset county
Read More »Exelon ‘committed,’ despite developer’s Harbor Point warning
The developer of the $1 billion Harbor Point project on the city’s waterfront said Thursday he would not build on the site if $107 million in tax incentives are not approved by the City Council.
Tagged with: Baltimore Development exelon Harbor Point Inner Harbor maryland michael beatty Real Estate
Read More »Average rate on 15-year U.S. mortgage above 3 pct.
WASHINGTON — The average U.S. rate on a 15-year fixed mortgage rose above 3 percent this week for the first time in a year, while the rate on the 30-year fixed loan approached 4 percent. Mortgage buyer Freddie Mac said ...
Tagged with: Economy fannie mae freddie mac mortgage rate Real Estate united states
Read More »Home prices jump in April by most in 7 years
WASHINGTON — U.S. home prices soared 12.1 percent in April from a year earlier, the biggest gain since February 2006, as more buyers are chasing fewer homes. Real estate data provider CoreLogic says prices also rose 3.2 percent in April ...
Tagged with: buyers home prices homes Real Estate real estate news sellers
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