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Investments

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  • Stake in Sparrows Point could be sold to local group

    Stake in Sparrows Point could be sold to local group
    The owner of the closed Sparrows Point steel mill is working on selling a "significant percentage" of its stake in the property to local buyers, raising hopes for its eventual redevelopment.
  • Tax sales tax city [Commentary]

    Baltimore City auctioned off more than $20 million worth of tax, water and other liens this spring in an online auction. These liens are tied to almost 7,000 properties, assessed at a total of more than $720 million. But while the tax sale system...

    T. Rowe Price chairman to give up portfolio management role

    T. Rowe Price chairman to give up portfolio management role
    The chief investment officer and chairman of T. Rowe Price will step down next year as portfolio manager of one of the company’s biggest investment funds. Brian C. Rogers, who has managed the Equity Income Fund since its start in 1985, will remain...

    Katzen Eye Group acquired by private equity firm

    Katzen Eye Group acquired by private equity firm
    Home-grown Katzen Eye Group has been acquired by a large private equity investment firm based in Los Angeles in a deal the eye care company hopes will help it to expand into a regional — and eventually national — brand. Varsity Healthcare...

    Omega awards bonuses, reports increased income, funds from operations

    Omega awards bonuses, reports increased income, funds from operations
    The CEO of a Hunt Valley-based real estate investment trust, which has a portfolio of skilled nursing and assisted living facilities across the U.S., was awarded $7.3 million in compensation for 2013, a year that the firm’s returns placed it among...