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Maryland Real Estate Industry News

Rapidly Expanding Maryland Law Firm Adds Estate Planning Section

04/20/2018 Now, The Law Offices of Ross W Albers is growing again with the Estate Planning Section ... He continues, "Throughout our footprint here in Maryland, we've identified Estates & Trusts as a real need for our client base. With the addition of this new ...

Golf's challenges have country clubs in the rough. Here's how courses in Maryland are faring

04/16/2018 Maryland courses do make a showing among the nation's top ... "With fixed costs so high, it’s hard to make money if you’re below $3 million.” A strong real estate market has also made it easier for golf property owners to explore exit strategies ...

Real estate investor beefs up portfolio with $3M deal

04/16/2018 A local real estate investment firm closed its largest transaction to ... 922 Faye St. 3301 P St. 2315 T St. 2724 Bainbridge St. 3525 Maryland Ave. 5210 Parker St. 2408 Barton Ave. 1908 Byron St. Jonathan Spiers joined BizSense in early 2015 after a ...

Md. should open primaries to independent voters

04/11/2018 According to openprimaries.org, Maryland is the second most expensive state for primaries ... the world’s largest commercial real estate servicing firm; he is based in Baltimore.

Maryland proposal for free community college follows national trend. But results aren't clear.

04/13/2018 Maryland’s program would be a “last dollar” scholarship ... Many had hoped the program also would help increase real estate values, but “that’s generally been disappointing,” he said. Making community college free “is one way of lessening ...

Christine Ross and Joel Dunn: Hogan, lawmakers create Maryland legacy by funding Program Open Space

04/13/2018 Maryland is proof that you can have both a strong economy ... Created in 1969 by the General Assembly, Program Open Space is funded by a transfer tax of 0.5 percent on every real estate transaction in the state. Last week, the governor signed the state ...

GSA gets green light to kick off major D.C.-area real estate searches

04/12/2018 That deal drew intense congressional scrutiny and led the SEC to defer to the GSA on major real estate leasing deals even though it ... authorized for up to 266,000 square feet in suburban Maryland; a pair of State Department leases in the District ...

Cal Ripken Jr. puts Maryland estate up for auction

04/12/2018 WASHINGTON — Baltimore Orioles legend Cal Ripken Jr. couldn’t find a buyer for his 25-acre Tufton Farms estate in Reisterstown, Maryland, at its initial price of $12.5 million, or later at $9.75 million, and now he is selling it at a no-minimum ...

Northam seeks to raise hotel tax, real estate transfer taxes to pay for Metro

04/10/2018 The hotel and real estate transfer tax increases proposed would only apply ... officer to the authority’s executive director cited dedicated funding expected from Maryland, Virginia and the District as the reason for the withdrawal.

Maryland Live! Hotel Sets Opening Date

04/09/2018 but our home state of Maryland holds a special place in our hearts, making it especially meaningful to be opening our first Live! Hotel here," said Blake Cordish, vice president of The Cordish Companies and head of the Real Estate Division, in a news release.

'Money Guys' successor barred by Maryland Attorney General's Office

04/10/2018 Santillo even told one client he had already sold $70 million in "similar real estate investments." Maryland is not the only state where Santillo has run into problems. The Nevada securities commissioner issued a cease-and-desist order against Santillo ...

R. Bruce Campbell, real estate management firm owner, dies

04/06/2018 He was active with real estate industry lobbying efforts in Baltimore and at the Maryland General Assembly. “My father never retired,” said his son. “He said he didn’t believe in it.” Mr. Campbell was also a member of both the board and the ...

3 Greater Washington real estate agent you need to know

04/05/2018 After graduating from high school, Hoyos began college at the University of Maryland with plans to study molecular biology and genetics. But after a summer interning for a local title company, Hoyos fell in love with real estate and stayed on as a ...

YOUNG, BLACK REAL ESTATE INVESTOR TEACHES KEYS TO SUCCESS

03/30/2018 Kendra Barnes and her husband are owners of several investment properties in the Maryland and D.C. areas ... Webb caught up with Barnes to learn more about her real estate investment movement. How has owning investment properties impacted your life?

Demoting “Maryland, My Maryland” Ends a Struggle Begun by Black Baltimoreans in 1863

04/01/2018 Maryland’s legislature is poised to demote the official ... graduated from Howard University Law School, prospered as a real estate agent, and advocated for civil rights and against lynching as a member of the so-called colored convention movement.

FCP Offloads Maryland Apartment Portfolio For $302M

04/03/2018 Law360 (April 3, 2018, 4:36 PM EDT) -- Real estate investment firm FCP on Tuesday said it will sell a set of multifamily properties in Maryland to an affiliate of fellow real estate investor Strata Equity Group Inc. for $302 million, in a deal that will ...

Rents Or Wages: What's Rising Faster In Maryland

04/02/2018 Rents in Maryland are rising faster than wages in 14 Maryland counties in 2018 according to data released in a new report by the real estate research firm ATTOM Data. The report analyzed single family rentals in U.S. counties with a population of at least ...

Texas real estate firm buys The Westin Annapolis hotel

04/03/2018 Crescent Real Estate LLC, a Fort Worth-based real estate investment fund ... The Westin Annapolis will be its first hotel acquisition in Maryland. “The purchase of the Westin Annapolis represents a rare opportunity to acquire a modern, quality asset ...

WHO’S NEWS: Sage Realty taps DiPetrantonio, Romer Debbas hires Gershburg

03/29/2018 Lerner brings over 30 years of commercial real estate experience to the team ... Lerner is a graduate of the University of Maryland . JLL has hired Christopher DeLorenzo as an executive vice president with its New Jersey brokerage operations, focusing ...

7 Homes In Maryland For Under $400,000

03/30/2018 One of the great things about Maryland is that state has a wide array of housing in all prices. The following homes we've selected to feature are available through Patch's real estate partner, Realtor.com and are priced to sell in quick fashion.

Hit a Home Run With This Maryland Mansion Featuring Its Own Baseball Diamond

03/26/2018 Many parents go out of their way to accommodate their kids’ sports endeavors. One Maryland dad even put his own grand spin on the idea: He ripped up the family’s front yard in the mid-1990s and slowly transformed it into a regulation-size baseball field.

Howard County real estate developer's bankuptcy filings are piling up

03/26/2018 Besides real estate development, Jaffe also used to be an attorney. The Maryland Attorney Grievance Commission suspended Jaffe indefinitely in September 2016 related to his operation of "a commercial property leasing company." The commission claimed Jaffe ...

Md.'s $5.6B Tax Package For Amazon HQ2 Passes Senate

03/20/2018 Law360 (March 20, 2018, 2:49 PM EDT) -- The Maryland Senate passed a tax incentive package Monday that would cost $5.6 billion should Amazon.com Inc. select Montgomery County as the site of its second headquarters, known as HQ2. The bill would provide a ...

Peterson Cos. looks well beyond real estate with its new venture: A pain reliever product

03/20/2018 growing list of non-real estate holdings. "What we like to say is we bring cost ... They opened an office at the University of Maryland UM BioPark incubator in 2014. Even as they were working to take apigenin to market, Phil Birbara came up with another ...

Maryland First-Time Home Buyer Programs of 2018

03/19/2018 real estate developers, community organizations and local governments offer their own financial assistance programs for home buyers. If you get financial assistance from another organization and choose a Loan Assist mortgage, the state of Maryland will ...

5 minutes with: Adam Skolnik, executive director, Maryland Multi-Housing Association

03/19/2018 As executive director of the Maryland Multi-Housing Association ... What about working in the real estate industry kept you there for so many years? And why make the switch to work for MMHA? I loved being a property manager, it’s a job where you never ...

How Jared Kushner's Real Estate Company Filed False Documents to Boost Its Profit

03/19/2018 Kushner’s real estate company filed false paperwork with New York City ... Tenants filed a class action lawsuit against the company in September 2017. The Maryland attorney general’s office is looking into the management practices at Kushner Cos.

Elizabeth Warren targets Jared Kushner as she demands big banks reveal details about loans to his real estate company

03/09/2018 Joining the effort are Maryland Democratic Rep. Elijah Cummings ... Citigroup said that the loan to Kushner Companies was negotiated with another real estate developer and that the payment had no connection to Jared Kushner’s position in the White ...

Glamour Meets Luxury: Maryland Real Estate Roundup

03/16/2018 MARYLAND — Welcome back to Maryland Patch's Weekend Real Estate Roundup, where we highlight some of the city's most exciting and unique properties. As always, these in-demand homes listings come from Realtor.com, where you can go to see hundreds of great ...

Supernus getting Maryland incentives in HQ relocation, plans to add 160 jobs

03/15/2018 Maryland Gov. Larry Hogan announced Wednesday the state will ... The lease with an affiliate of D.C.-based real estate investment and development company Rock Creek Property Group will last until 2033, but the company has the option to extend it for ...

10 Homes In Maryland For Under $500,000

03/09/2018 One of the great things about Maryland is that state has a wide array of housing in all prices. The following homes we've selected to feature are available through Patch's real estate partner, Realtor.com and are priced to sell in quick fashion.

Co-working company Spaces to open first Maryland location on March 19

03/07/2018 For the first time, co-working company, Spaces, will open a new location in the state of Maryland. With an opening planned for ... mapped In order to see where the big spenders head to nab some real estate, Curbed mapped the top 25 priciest listings ...

8 Maryland Billionaires Make Forbes' 2018 List

03/06/2018 Lerner of Chevy Chase, developer and founder of Lerner Enterprises and Washington Nationals owner, is the richest man in Maryland. In 1952 Lerner borrowed $250 from his wife to start a real estate company, selling homes for developers. Now he owns 20 ...

Chinese investment gives Md. biotech industry a boost

03/04/2018 “We are very excited because we absolutely believe in this [Maryland biotechnology] ecosystem ... all of it meant to help the young firm offset real estate and start-up costs. The foreign investment was a welcome sign for county leaders, who have ...

New Artist-in-Residence Program for Columbia, Maryland

02/28/2018 The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate in 14 states, including Maryland, where it is developing Downtown Columbia. For more information, visit www.howardhughes.com/properties/downtown ...

Maryland banks post highest profit in 11 years

02/27/2018 Maryland banks last year posted their largest profit in more ... The yearly profit is the highest mark since $646 million for 2006, at the height of the real estate market. The bank's closed 2017 with total assets of $40.6 billion, up less than 1 percent ...

10 Questions to Ask a Real Estate Agent Before the Pro Helps You Buy a Home

02/15/2018 You can search for agents in your area at realtor.com/realestateagents, where you can also read real estate agent reviews from previous clients. Daniel Bortz is a Realtor in Maryland, Virginia, and Washington, DC. He has written for Money magazine ...

CRC Assigns Real Estate Manager

02/26/2018 He holds a masters of professional studies in real estate from Georgetown University and a bachelor of arts degree from Allegheny College. He also holds a Maryland and Washington, D.C., commercial real estate license and is a member of the Urban Land ...

Colony NorthStar Credit Real Estate Announces Monthly Dividend for Common Stockholders

02/26/2018 Colony NorthStar Credit is externally managed by a subsidiary of leading global real estate and investment management firm, Colony NorthStar, Inc. Colony NorthStar Credit is organized as a Maryland corporation that intends to elect to be taxed as a REIT ...

Maryland Signs by Tomorrow Adds Second Acuity F UV Inkjet Flatbed Press

02/20/2018 Signs By Tomorrow of Rockville is also heavily involved in the real estate market, managing a contract with a company that has offices in Virginia, Maryland, and Washington D.C., with over 300 agents. The company meets the needs of this specific client by ...