Highlights
Edwin F. Hale Sr. is the chairman and chief executive officer of 1st Mariner Bancorp, and president and chief executive officer of Hale Properties, LLC, a commercial real estate, development, leasing, property management and tenant representation company. Under his management, 1st Mariner Bank has become the fastest growing community bank in Maryland with more than $1 billion in assets. Since 2006, Hale has served as chairman of the Baltimore Area Convention and Visitors Association, a nonprofit that works to attract city conventions and boost tourism. Hale was born to working-class parents in Highlandtown, one of seven children, and raised in Edgemere. He graduated from Sparrows Point High...
Edwin F. Hale Sr. is the chairman and chief executive officer of 1st Mariner Bancorp, and president and chief executive officer of Hale Properties, LLC, a commercial real estate, development, leasing, property management and tenant representation company. Under his management, 1st Mariner Bank has become the fastest growing community bank in Maryland with more than $1 billion in assets. Since 2006, Hale has served as chairman of the Baltimore Area Convention and Visitors Association, a nonprofit that works to attract city conventions and boost tourism. Hale was born to working-class parents in Highlandtown, one of seven children, and raised in Edgemere. He graduated from Sparrows Point High School and took some courses at Essex Community College. Hale was hired as a clerk at Atco Trailer Rentals at age 22, and over time rose through the ranks, reaching the position of company vice president. By 1975 he had resigned from his position to pursue various industrial and commercial real estate ventures, including industrial warehouse operations in Baltimore and co-ownership and operation of industrial waterfront properties along the East Coast. Hale is also owner of the Baltimore Blast professional indoor soccer team. Hale is an active member of many humanitarian groups, including the Living Classrooms Foundation, the National Historic Seaport and the Lady Maryland Foundation.
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COPT buys 1st Mariner Tower, waterfront land in Canton
Columbia-based office developer Corporate Office Properties Trust said Tuesday that the company has bought Baltimore developer Edwin F. Hale Sr.'s 1st Mariner Tower in Canton, along with surrounding land slated for a large waterfront development of...Tags: Canton (Baltimore, Maryland), Corporate Office Properties Trust Inc.
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Hale seeks to halt sale of tower
Baltimore developer Edwin F. Hale Sr. is seeking to stop the sale of his 1st Mariner Tower and his eviction from the Canton Crossing building where he lives. Hale's attorney has asked the Circuit Court for Baltimore City to delay Wednesday's...Tags: Foreclosures, Financial and Business Services, J.P. Morgan Chase & Co., Executive Branch, Auction Service
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Bank tower's sale is off
The sale of Baltimore developer Edwin F. Hale Sr.'s 1st Mariner Tower was canceled after the building's lender withdrew its foreclosure action Tuesday. No reason was given in the notice of voluntary dismissal filed by Washington-based attorney Jerald S....Tags: Lawyers, Property, Corporate Office Properties Trust Inc.
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O'Malley urging mediation before foreclosures
More than a year after Maryland officials set out to quell the foreclosure crisis with some of the most aggressive prevention programs in the nation, the number of homeowners on the brink is again on the rise. "We're not doing a heck of a lot better...Tags: Fraud, Financial and Business Services, Executive Branch, Mortgages, Prince George's County
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1st Mariner sells 95% of consumer finance unit
In an effort to raise money to comply with the requirements of intense federal supervision, Baltimore's 1st Mariner Bank said Tuesday it sold 95 percent of its consumer finance unit to a private equity firm for $10.5 million.
The sale was the bank's...Tags: Consumers, Finance, Personal Finance
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Business troubles won't affect Blast, owner Hale says
While Baltimore Blast owner Ed Hale battles through tough economic times with his banking and development businesses, he said he's certain those issues won't affect the team as it begins defense of its National Indoor Soccer League championship. "There's...Tags: Homes, 1st Mariner Arena
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COPT paid $125 million for 1st Mariner tower, adjacent land
Columbia-based Corporate Office Properties Trust said Thursday that it paid $125 million to acquire Baltimore developer Edwin F. Hale Sr.'s 1st Mariner Tower and surrounding land slated for a large waterfront development in Canton. COPT, which held a...Tags: Constellation Energy Group, Canton (Baltimore, Maryland), Corporate Office Properties Trust Inc.
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Tower sold, Hale to quit penthouse
Baltimore developer Edwin F. Hale Sr. will vacate his penthouse at 1st Mariner Tower at the end of the year after selling the Canton Crossing office building that had been under foreclosure proceedings to Columbia-based Corporate Office Properties Trust....Tags: Sales, Constellation Energy Group, Property, Canton (Baltimore, Maryland), Government
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Hale's $125 million deal
Columbia-based Corporate Office Properties Trust said Thursday that it paid $125 million to acquire Baltimore developer Edwin F. Hale Sr.'s 1st Mariner Tower and surrounding land slated for a large waterfront development. COPT, which already held a $30...Tags: Housing Industry, Marketing, Constellation Energy Group, Corporate Office Properties Trust Inc., National Government
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1st Mariner Bancorp reports widened 3Q loss of $12.96M
1st Mariner Bancorp, the parent company of its namesake bank which is operating under federal supervision, reported Friday that its third-quarter loss widened to $12.96 million, or $2.01 per diluted share. That's compared with a loss of $2.28 million, or...Tags: Quarterly or Semiannual Financial Statements
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