Adrian Maties
New Apartments Coming to Baltimore
By Adrian Maties, Associate Editor
A $16 million housing development is expected to breathe new life into Baltimore’s Johnston Square neighborhood. Empire Homes of Maryland Inc. and Baltimore-based French Development Co. are the developers of the project.
The 74-unit apartment community will be named The Lillian Jones Apartments, in honor of a Baltimore activist and the founding […]
Developers Plan Phase II of Flats East Bank Project
By Adrian Maties, Associate Editor
The developers of the Flats East Bank waterfront project in Cleveland announced they have secured commitments from a country-music venue and four restaurants. Toby Keith’s I love This Bar & Grill, Ken Stewart’s, Lago, Flip Side […]
New Residential Development for Blue Ash
By Adrian Maties, Associate Editor
Hills Properties plans to bring a resort-style residential community to the city of Blue Ash. Last week, the company presented the final plans of the project to the Blue Ash Downtown Design Review Committee. They were […]
$200M Cancer Treatment Facility Coming to Baltimore
By Adrian Maties, Associate Editor
The University of Maryland School of Medicine and Advanced Particle Therapy LLC of San Diego, Calif. started work last week on a more than $200 million proton treatment center in Baltimore’s west side. This will be […]
$275M Hard Rock Gaming and Entertainment Facility Planned for Northfield Park
By Adrian Maties, Associate Editor
Hard Rock International, owner of one of the world’s most iconic brands, announced on April 5 that it plans to develop and operate a $275 million gaming center at Northfield Park. Hard Rock has partnered on […]
114-Unit Adams Morgan Apartment Building Sells for $26M
By Adrian Maties, Associate Editor
Washington, D.C.-based Urban Investment Partners L.L.C. and Infinity Real Estate of New York have paid $26 million for a 114-unit apartment building at 1841 Columbia Road, N.W., in Washington, D.C. The Fairfield Residential Co. was the seller. New York-based Arbor Commercial Mortgage provided the acquisition and project debt financing for the […]
MRN Plans Apartments for Rosetta Center
By Adrian Maties, Associate Editor
Apartment vacancies in downtown Cleveland are becoming harder and harder to find as office workers move in from the suburbs. Occupancies approached 96 percent late last year, the result of two decades of downtown population growth, […]
Kao USA Announces Move to Downtown Cincinnati
By Adrian Maties, Associate Editor
In February, Kao USA Inc. unveiled its plans to relocate to a new downtown Cincinnati headquarters in order to consolidate its North American operations. On March 28, the leading beauty-care brands manufacturer announced that the company […]
Industrial Income Trust Buys Hanover Building; Walker & Dunlop Gets Financing for Hunt Valley Towne Centre
By Adrian Maties, Associate Editor
A subsidiary of Colorado-based Industrial Income Trust Inc. (IIT) has paid $7.8 million for the BWI Commerce Center in Hanover, Maryland. The 128,000-square foot industrial building was sold by an affiliate of Boston’s Great Point Investors […]
Walmart Joins Oakwood Commons Lineup
By Adrian Maties, Associate Editor
On March 22, First Interstate Properties Ltd. announced the addition of a Walmart Supercenter to its proposed Oakwood Commons shopping center. In a press release, Walmart officials confirmed that when the new center is ready, they […]