Baltimore
Large South Baltimore Multifamily Portfolio on The Market
Another large Baltimore-area multifamily portfolio is on the market. The 132-unit Curtis Bay Village, located off Route 173 in Curtis Bay, is looking for new owners.
MARKET SNAPSHOT: Baltimore Apartment Market to Enjoy a Strong 2014
After a modest 2013, due to government budget cuts and furloughs, the Baltimore apartment market is making a comeback this year.
Johns Hopkins to Build Cancer Center in Baltimore with $65 Million Gift
Johns Hopkins has announced on May 6 its plans to build a new cancer treatment building in Baltimore. The facility will be constructed with the help of a $65 million gift. It will be named after the late Albert P. “Skip” Viragh, Jr., a philanthropist and a former cancer patient treated at Johns Hopkins, who died in 2003, at the age of 62.
Hilton Baltimore BWI Airport Completes Renovation
The Hilton Baltimore BWI Airport announced last week the completion of a number of significant upgrades. They helped improve the hotel’s ranking and elevated it into the top five of its competitive set, according to reviewers on one of the top guest-rated websites.
Atlantic Realty Buys Baltimore’s Alameda Marketplace for $11.3M
A Baltimore City urban shopping center has recently changed hands. The Alameda Marketplace was acquired recently by Atlantic Realty Companies, for $11,305,000. Continental Realty Corporation was the seller.
Armada Hoffler To Construct a 20-Story, Mixed-Use Tower in Baltimore’s Inner Harbor
In a couple of years, Baltimore’s waterfront will be home to a new, mixed-use tower. After a two-year pre-development effort, Harbor Point developer Beatty Development Group, LLC has selected Armada Hoffler Construction Company, a division of Virginia Beach-based Armada Hoffler Properties, for the construction of the tower. The construction contract is worth $165 million.
Greater Baltimore Multi-Housing Developments Receive Funding
Two Greater Baltimore residential projects have secured financing last week, and are both now one step closer to completion. Located in downtown Baltimore and in Odenton, the two projects total more than 420 units.
Developers Plan 700 New Apartments in Baltimore’s Inner Harbor
More apartments are coming to Baltimore. The two newest projects were announced at the start of April. Together, they will bring about 700 units to the city’s Inner Harbor area.
KEYW Leases Space in a New Building to Be Developed by COPT in Hanover
At the end of 2013, the Baltimore Sun named the KEYW Corporation one of Baltimore’s Top 100 Workplaces. Since then, the cyber security services provider has continued to grow and, recently, has announced its plans to expand.
Rubell Hotels Reopens Historic Lord Baltimore Hotel, Following Multi-million Dollar Restoration
The Lord Baltimore Hotel officially reopened on Thursday, March 27, following a restoration project that brought the old building back to life. Baltimore City Mayor Stephanie Rawlings-Blake, Baltimore City Councilman William Cole and other dignitaries attended the ribbon cutting ceremony.