The developer behind plans for a 44-story residential tower on a parking lot in the Inner Harbor has secured more than $100 million in financing, lender Citizens Bank said Friday.
The announcement of $107.38 million in financing for the 414 Light Street project comes more than a year after the proposal secured design approval from the city.Read more
The head of Corporate Office Properties Trust plans to step down in May, the Columbia-based real estate investment firm announced Friday as it reported its end of year earnings.
Roger A. Waesche Jr., who has led the company since 2012 as it fought to emerge from the recession and tightened federal spending, will be replaced by the real estate investment trust's chief operating officer, Stephen E. Budorick.Read more
As the state deadline to file appeals of property assessments looms, officials are preparing for a flood of petitions — particularly in Baltimore, where property owners routinely appeal their tax assessments at rates double or triple the statewide average.Read more
Wells Fargo has agreed to pay about $16.2 million to customers to settle claims over a kickback scheme involving an Owings Mills title company, according to an agreement filed Thursday in U.S. District Court for Maryland.Read more
More than 1,000 Maryland borrowers who lost their homes to foreclosure after working with HSBC bank on loans are eligible for payments under the terms of a $470 million settlement reached with the British firm over abusive lending practices, Attorney General E. Brian Frosh said Friday.
The agreement between HSBC North America Holdings Inc. and the U.S.Read more