property
- Under Armour has paid $70.3 million for land in Port Covington where it plans to build its new headquarters campus — more than double what CEO Kevin Plank's private real estate firm purchased the waterfront site for in 2014, according to land records.
- An Illinois real estate firm wants to add a 400-unit apartment tower and hotel to its Towson holdings, redeveloping its current properties, which are anchored by Trader Joe's and Barnes & Noble.
- The CEO of Corporate Office Properties Trust said Thursday the firm is in "prove-me mode," as it adapts its portfolio to serve a workforce more interested in an urban setting, while its longstanding government contractor tenants face slower growth.
- A large Illinois real estate firm closed Tuesday on an Owings Mills Shopping Center, paying nearly $31.7 million — about 40 percent more than when the property last sold three years ago.
- Real estate maven opens the doors to her home in The Preserve neighborhood in Ellicott City.
- A longtime Mt. Vernon car servicing shop, where classical music set the tone for the establishment, shut its doors last week after nearly 90 years.
- There's going to be a new mayor in town come May, and the battle for the future of Havre de Grace is on.
- As Havre de Grace's annual election edges closer, the seven men and women competing for three available council seats are hoping to make an impression among the city's residents.
- 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.
- Activists have fought to defend the working-class Northeast Baltimore community of Belair-Edison against the forces that have crushed other neighborhoods -- blockbusting and white flight, predatory lending and foreclosures, a loss of blue collar jobs, and crime. Unlike failing city neighborhoods, Belair-Edison has maintained high rates of homeownership, even as it transitioned from majority white to majority black in the 1990s. Experts say offering affordable housing to working- and middle-class
- Howard County Executive Allan Kittleman has a lot to consider when it comes to improving county government over the next four years.
- Harford County Executive Barry Glassman plans to ask the County Council for authority to "reallocate" a portion of the county's property recordation tax revenue.
- Baltimore's assessable tax base increased by $1.3 billion last year, the state tells us, so what's wrong with this picture? What's wrong is this: Baltimore's growing wealth could cost it $14 million in state funding for our public schools.
- Home sales in the Baltimore area had their best January in eight years, and all signs point to a strong spring market, real estate analysts said. Numbers released by the RealEstate Business Intelligence and the Greater Baltimore Board of Realtors — reflecting slightly different spans of time — show January sales up by 18.4 and nearly 17 percent respectively compared with a year before. The sales figure was the best since 2007, RBI reported.
- Jeanine Turner and Jeffrey Kent pooled their resources as interior designer and master painter, respectively, into pop-up gallery projects that benefit the vacant property owner, the artist who needs exhibition space and, of course, the potential buyer, since everything is for sale.
- Eldersburg will soon be gaining another location for residents and visitors to the area to fulfill their shopping needs.
- A Pennsylvania-based firm and its multinational joint venture partner paid $77.25 million in December for a nearly 800-unit apartment complex in Reisterstown, expanding their already sizable Maryland holdings.
- Banks pulled back on lending to real estate investors after the housing crash and recession, slowing real estate activity, but a new crop of private lenders has popped up in an effort to fill the gap.
- Despite a few bright spots, Harford County's home building industry has endured another lackluster year, county officials and builders say.
- Among the legislation pre-filed for the County Council's consideration in January is a resolution outlining the next step in a new start for Columbia's Long Reach Village Center.
- A Forest Hill flooring company is considering buying the former home of The Aegis on Hays Street in Bel Air, a company representative said.
- A Bel Air apartment complex that spent years in receivership has sold for $80 million, the brokerage firm that worked on the deal said last week.
- Two websites have named Westminster one of the 10 most dangerous cities in Maryland based on 2012 FBI data. Police Chief Jeff Spaulding and Mayor Kevin Utz say residents should consider the source of the information and the motivation for compiling the lists before worrying, though.
- ¿Deep Creek is one of Maryland¿s only four-season areas for outdoor activities,¿ says Carney. The winter season typically runs from Thanksgiving through mid-March, and Garrett County¿s annual snowfall averages about 100 inches. Wisp Resort, a hot spot for weekend travelers, offers snowboarding, skiing, tubing and snowmobiling.
- At the Baltimore County Council's final meeting of the term Monday, members approved a new contract for the sale of the North Point Government Center in Dundalk and killed a bill that would have promoted agritourism.
-
- Home sales in the Baltimore area jumped in October for the third straight monthly increase over last year, as median prices continued to be dragged down by a sharp jump in distressed property sales, according to a real estate analyst's report.
- The Carroll County Board of Zoning Appeals (BZA) approved the construction of a 199-foot cellular tower on Backwoods Road in Westminster despite residents' fears and concerns.
- Reforms urged to city's tax sale foreclosure process
- Glen Shirley, a member of the Carroll County Agricultural Land Preservation Advisory Board, said he can remember stories his father used to tell him of the farm he grew up on. Of the emerald and golden landscape, the bliss of an uninterrupted view of nature's bounty.
- The Baltimore County Council is expected to approve the county buying a large property in the rural community of Granite that was once proposed to be a new mega-church for Bethel AME's congregation.
- Construction, some of it speculative, has returned to the industrial market around the country, and in the Baltimore region, as demand for warehouses hits developers from both sides.
- The Board of County Commissioners is accepting bids for surplus real-estate properties throughout Carroll County.
- A Columbia-based real estate firm is looking for the right tenant to kickstart development of its waterfront property in Canton, with plans for four glassy office buildings that could create a kind of Harbor farther East
- A Florida business bought the Belair Edison Crossing shopping center for $12.3 million this week, a ¿significantly sized deal¿ that suggests strength in the city's retail investor market, the broker for the deal said Thursday.
- Aberdeen Mayor Mike Bennett said the city's former Moose Lodge, whose purchase the City Council approved Monday night, could potentially be used as a new military museum.
- Administration moves to take responsibility, but some question city¿s ability to do the job
- In recent years, the revitalization of Sykesville Main Street has brought economic growth and connectivity between residents and the businesses that serve them. However, many business and property owners in the historic downtown area are concerned that the development of the Warfield Complex could hinder growth — and perhaps destroy it altogether.
- By late September, foundation construction will begin at the former site of the Carrolltown Mall, said Dixon Harvey, founder of and partner at the site's developer, Black Oak Associates.
- Large companies looking to turn a profit by renting single-family homes have been stirring activity in markets across the country for about two years. But not in the Baltimore region.
- As high prices, rising rents and tight credit requirements continue to make homeownership difficult for many families, some private and nonprofit developers are trying to find ways to make homeownership more accessible for renters.
- A simmering feud over who controls a Baltimore County farm — its new CEO owner or its longtime tenant — boiled over when the CEO recently had the farmer's corn crop plowed under in an effort to remediate the land.
- The former Wakefield Valley Golf Course in Westminster is one step closer to becoming a park and 60-plus-unit development after the county board of commissioners agreed to forgo collecting a $400,000 penalty fee.
-
- The Town of Sykesville has scheduled the finalization of the Sykesville Master Plan and the accompanying zoning ordinance for early December.
- Ill-behaved vacationers are the bane of Ocean City but that doesn't mean weekly rentals should be prohibited in certain neighborhoods
- Synthetic marijuana, also known as "spice," can be easier to get than cigarettes in Harford County, and while police last year broke up what they say was a significant distribution ring, spice is still a problem locally and is being treated the same as any other illegal drug.