investment service
- Carlyle Development Group, the New York firm that recently purchased 100 S. Charles Street for $45 million, has a new name for the complex: Pratt Plaza, and never you mind its official address.
- Casual political observers often focus on Africa's natural resources, mineral wealth and conflicts as a strategic concern, but Africa is a massive and rapidly growing consumer market that is more fully appreciated by strategic investors with each passing day.
- Developers meet at East Towson Carver Community Center with community Tuesday evening about proposed 627 York apartment complex. Brian Donley, of Federal Realty Investment Trust, said rents would be between $1,300 for a one bedroom and up to $1,900 for some two-bedroom apartments. The building will have five floors of apartments, 35 of which will be two-bedroom units, with 15 studio apartments and 50 one-bedroom units.
- The CEO of a Hunt Valley-based real estate investment trust, which has a porfolio 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 the top performing REITs in the country.
- Harford County has joined with the Cities of Aberdeen and Havre de Grace and the Town of Bel Air to consider the formation of a Regional Water Authority.
- Mayor Stephanie Rawlings-Blake will unveil a nearly $2.5 billion budget Wednesday that would not cut Baltimore services for the first time since before the recession and would give city employees a cost-of-living raise.
- The Fallston-Monkton area of Harford County is known for sweeping vistas and steep housing prices, but one farm has a price tag that's high even by Fallston standards.
- The owners of the Holiday Inn Express on Russell Street, as well as other businesses in the area, said they are betting on the Horseshoe casino to put Carroll-Camden on the map, and hope it will bring spillover economic development to the largely industrial zone.
- The real estate investment trust, which caters to government and defense-related tenants, saw earnings per share hit 94 cents for the three months ended Dec. 31, compared to 16 cents during the same period in 2012.
- Outgoing Federal Reserve chairman helped rescue his country from a second economic depression
- T. Rowe Price, an anchor institution in downtown Baltimore for decades, said Thursday it plans to remain in its Pratt Street headquarters through 2027, quelling fears that it would be lured to move to the county or the city's hot properties farther east.
- When Osiris Therapeutics disclosed an agreement last week resolving concerns from federal regulators, the Columbia biotech firm pitched it as a win. Some news stories — and at least one Wall Street analyst team — described the U.S. Food and Drug Administration agreement entirely differently.
- Jos. A. Bank Clothiers Inc. might have a hard-fought battle ahead in its $2.3 billion quest to acquire rival suit seller Men's Wearhouse, experts say
- The Maryland governor's race has brought a welcome focus to the need to expand early childhood education.
- Maryland financial professionals look back on financial crisis and the repercussions still being felt
- In return for the promise to bring another 650 jobs to Baltimore, city leaders on Wednesday are poised to give financial services giant Morgan Stanley more time to meet the terms of a $3.25 million loan forgiveness program.
- Legg Mason Inc. announced the appointment of a new chairman at its annual meeting on Tuesday.
- Venture capitalists invested $318 million in young Maryland companies from April through June, an increase of 115 percent from the first quarter, according to a report released Friday by PricewaterhouseCoopers.
- Mayo A. Shattuck III, who helped sell two Baltimore institutions to out-of-state concerns and ran the region's energy firm for a volatile decade, has retired from the parent company of Baltimore Gas and Electric Co.
- Each of Towson's three newest supermarket operators sees itself as a strong addition to the market, but some experts say the market has become overcrowded.
- Mark E. Stoeckle has been named CEO for Adams Express Co. and Petroleum & Resources Corp., replacing retiring Douglas G. Ober, who had announced last year his intention to step down.
- Uncertainty over the economy contributed to a nearly 27 percent drop last year in venture capital funding for young companies in Maryland, Washington and Northern Virginia, the first decrease since 2009, according to new report from PricewaterhouseCoopers.
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- The Distressed Homeowner Initiative was the ¿first-ever nationwide effort to target fraud schemes that prey upon suffering homeowners,¿ according to a statement from the U.S. Department of Justice.
- The CEO pay disclosed this year by the 20 largest publicly traded companies in the Baltimore region offers plenty of fodder — as it does every year — to steam the ranks of workers with paychecks that barely budge.
- Albert C. Haeger, a seasoned customhouse broker and freight forwarder who had owned and operated the old William H. Masson Inc., died Aug. 3 of pancreatic cancer at his Bel Air home. He was 85.
- State can't afford to wait any longer to become competitive with our neighbors
- Corporate Office Properties Trust said Monday it sold two office buildings and land in Rockville for about $48.7 million, part of the Columbia-based real estate investment trust's strategy of selling off non-core assets.
- $124 million capital budget proposed by David Craig
- Dividends, once out of favor, are now a hot item, with Apple joining dividend payers this summer.
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- Banking consultant Anita G. Newcomb says new regulation such as that required by the Dodd-Frank financial reform law will make it difficult for smaller banks to survive without merger partners.
- He's led the Columbia-based company through two recessions and overseen its growth into a nationally known developer with $5 billion in assets and a specialty in high-security buildings for defense tenants.
- Under Armour, which has built itself from a basement startup to a billion-dollar enterprise, wasn't always able to afford the big endorsement deals of its more established competitors. So, the company instead turns to up and coming athletes to push its brand.