Adrian Maties

HHC Plans 817-unit Housing Development in Columbia

By Adrian Maties, Associate Editor
The Howard Hughes Corp. (NYSE: HHC), master developer for the undeveloped land around the Columbia mall in Columbia, MD, has proposed building up to 817 residences and 70,000 square feet of retail space on a 12.8 […]

Maryland Allocates $56M in Emergency Housing Loans; Presbyterian Home Hires MacKenzie to Sell 138-Acre Site

By Adrian Maties, Associate Editor
Maryland Department of Housing and Community Development Secretary Raymond A. Skinner announced on October 3 that Maryland’s housing department was successful in meeting the September 30 deadline to close on $56 million in federally backed mortgage assistance […]

Foreign Investors to Help Build New American Greetings HQ

By Adrian Maties, Associate Editor
American Greetings Corp. has struck a deal with the Cleveland International Fund to finance its planned new world headquarters. Announced in May, the facility, to be constructed in Crocker Park, will house more than 1,000 jobs and […]

$1B CPS Project Nears Completion; 41 Schools to be Complete by Year-End

By Adrian Maties, Associate Editor
After eight years, Cincinnati Public Schools’ plan for a $1.1 billion project meant to provide new or renovated buildings for every child in the city is nearing completion.
Original plans called for 35 new schools, 24 of them […]

UMD Seeks Architects for $190M Research Building

By Adrian Maties, Associate Editor
The University of Maryland (UMD) in Baltimore is looking for design firms to plan its new $190 million research building, the third phase of its Health Sciences Facility plan (HSF-III). Located in downtown Baltimore, on the […]

Home Properties pays $90.4M In Cash for Apartment Community

By Adrian Maties, Associate Editor
With the BRAC process finished in Baltimore, some companies are looking to take advantage of the wave of new jobs coming to the state. Home Properties Inc. (NYSE: HME)  has recently aquired a White Marsh apartment […]

HeartLab Signs New Lease in Midtown’s Health-Tech Corridor

By Adrian Maties, Associate Editor
HeartLab, a leading specialty clinical laboratory and disease management company, has signed a 10-year lease for 27,000 square feet at the MidTown Tech Park. The new building, located in Cleveland’s emerging Health-Tech Corridor, was constructed to attract […]

St. Aloysius Awarded $19.5M in Tax Credit Financing for Renovations

By Adrian Maties, Associate Editor
Finance Fund, Consortium America and U.S. Bank have agreed to award the St. Aloysius Orphanage $19.5 million in financing. The provision will help renovate and expand St. Aloysius Orphanage and allow it to enhance its ability […]

Under Armour Inc. Plans Expansion in Locust Point

By Adrian Maties, Associate Editor
Just months after it bought its Tide Point headquarters for $58 million, Under Armour Inc., the South Baltimore sportswear maker, wants to double the size of the Locust Point complex. It plans to add 400,000 square […]

Cleveland’s Historic Arcade Fails to Attract Bidders

By Adrian Maties, Associate Editor
The historic Arcade building in downtown Cleveland hit the auction block last week, after a two-year foreclosure process. Despite the property’s $7.7 million price tag, it failed to attract a single bid.
The landmark property includes a 293-room […]