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This Week’s Baltimore Deal Sheet

This Week’s Baltimore Deal Sheet

by Bisnow.com | Jun 2, 2023 | News

Seawall Development has closed $29M financing for its latest mixed-use project in Baltimore’s Remington neighborhood…. Read full article at Bisnow.com

Baltimore County Office Building’s $20M Loan Lands On Delinquent List

Baltimore County Office Building’s $20M Loan Lands On Delinquent List

by Bisnow.com | Jun 2, 2023 | News

A loan granted less than two years ago to finance the $29M purchase of an office complex in the Sparks section of Balti… Read full article at Bisnow.com

Office-To-Residential Conversion Trend Expected To Continue In Baltimore Despite Challenges

Office-To-Residential Conversion Trend Expected To Continue In Baltimore Despite Challenges

by Bisnow.com | Jun 2, 2023 | News

Baltimore has been one of the most active U.S. cities in converting office buildings into apartments, and experts predic… Read full article at Bisnow.com

CBRE: Baltimore Office Vacancy Hits Record High

CBRE: Baltimore Office Vacancy Hits Record High

by Bisnow.com | Jun 2, 2023 | News

Office vacancy in the Baltimore metro area rose to more than 18% at the start of 2023, hitting a new all-time high afte… Read full article at Bisnow.com

Maryland Finalizes Plan For Legal Cannabis Market, But CRE Unsure How Much Demand It Will Spark

Maryland Finalizes Plan For Legal Cannabis Market, But CRE Unsure How Much Demand It Will Spark

by Bisnow.com | Jun 2, 2023 | News

Maryland is preparing to launch its recreational marijuana market, allowing hundreds of new businesses to open in indus… Read full article at Bisnow.com

Maryland Awards $3M To ‘Undercapitalized’ Developers For Affordable Housing Projects

Maryland Awards $3M To ‘Undercapitalized’ Developers For Affordable Housing Projects

by Bisnow.com | Jun 2, 2023 | News

Maryland awarded nearly $3M in first-of-its-kind funding to nine developers the state described as “undercapitalized” an… Read full article at Bisnow.com

Maryland’s Opportunity Zone Tax Incentives Have Drawn Little Interest

Maryland’s Opportunity Zone Tax Incentives Have Drawn Little Interest

by Bisnow.com | Jun 2, 2023 | News

A lack of applications for Maryland tax incentives offered to companies in the state’s Opportunity Zones highlights the … Read full article at Bisnow.com

Demolition Begins On Next Phase Of $1B East Baltimore Multifamily Project

Demolition Begins On Next Phase Of $1B East Baltimore Multifamily Project

by Bisnow.com | Jun 2, 2023 | News

Work to transform a New Deal-era public housing complex into a $1B mixed-income community in East Baltimore marked a m… Read full article at Bisnow.com

Enterprise Partners With Baltimore Developer, Invests $3M In Upton Project

Enterprise Partners With Baltimore Developer, Invests $3M In Upton Project

by Bisnow.com | Jun 2, 2023 | News

… Read full article at Bisnow.com

Job Losses, Construction Slowdown Cause Sharp Leasing Drop For Baltimore Apartments

Job Losses, Construction Slowdown Cause Sharp Leasing Drop For Baltimore Apartments

by Bisnow.com | Jun 2, 2023 | News

Baltimore’s high-end apartment market has continued recovering from the pandemic, but job losses, a lack of new units a… Read full article at Bisnow.com

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