Corporate Office Properties Trust on Tuesday reported that net income and earnings per share increased in the first quarter of 2015, but its funds from operations per share — a metric preferred by real estate investment trusts — sank by more than 6 percent.
A funny thing happened to Lynn Ridgely several years ago when she decided to make a few changes to her two-bedroom condominium in a downtown Towson high-rise. It all began with a mattress and snowballed from there.
One would never think that Jeanie Libutti considers her stately Victorian-style home in North Baltimore a downsize. With stone steps leading up to a wraparound porch supported by seven columns, it is easy to imagine the elegance (and space) within.
While the fire destroyed a large portion of the home's interior, the memories of good times spent there with family and friends would remain unscathed. She would rebuild, saving as much of the home's original features as possible.
The recently released American Housing Survey provides an unparalleled window into U.S. housing conditions. Shockingly, median monthly costs went down for all occupied housing between 2011 and 2013. But, dig a little deeper and another picture comes into focus: Costs for renters went up. These rising rents are the tip of the iceberg of what we call housing insecurity, a growing crisis that threatens Maryland's economic progress, and the health and education of our people.
Megan McSally and her fiance, Joe Marino, had one very important reason for purchasing their 4,800-square foot Colonial-style home on 1 full acre in West Friendship — the two have a combined seven children.
The moratorium on new construction in the Town of Bel Air has been lifted with the execution of an agreement between Harford County and Maryland American Water, the town's water supplier, to charge a connection fee of more than $4,200 that would fund the development of a reserve water supply.
A small Maryland-based firm that owns nursing homes across the country has experienced explosive growth in recent years, propelled by consolidation among its tenants, changes wrought by health care reform, and increased investor demand for medical properties.
When homeowners Judy and Craig purchased 57 acres in Deale, Anne Arundel County, on which to build their dream home, they weren¿t building just a shelter from the elements or a place to keep their belongings. They were creating an environment that would be the foundation for a lifestyle.
When Ward Westrick retired, he and wife Ginny were happy to sell their home in McLean to settle on the Chesapeake Bay's calmer shores. Ward and Ginny did not want to build a home. However, after looking at as many as 50 houses from Gibson Island to Mayo and finding nothing but disappointment, they snapped up a 2.25 acre parcel on the South River in Annapolis on which to build an empty-nester's dream.
During 2013, the Town of Bel Air continued its efforts to promote sustainable growth and development, but at the same time, town officials had to stop the approvals of new construction projects as state, county and municipal officials work out town's water supply concerns.
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.
Howard County Executive Ken Ulman said Thursday he has proposed a bill that would force downtown developer Howard Hughes Corp. to relinquish ownership of Merriweather Post Pavilion as early as later this year.
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.
It's just not something we want to deal with, something so uncertain. But for anyone who has some extra cash lying around, is willing to take the risk and likes the challenge, boy, have I found the house for you