Columbia
REAL ESTATE
'I bought a sinking house! What am I going to do now?': Baltimore man shares troubling predicament
A Northeast Baltimore home is sinking. The homeowner says they moved in a few years ago and didn't realize the magnitude of the disrepair until it was too late. They're now sharing their story with 11 News as a warning to others. "I bought a sinking house! What am I...
Hundreds apply in first phase of Baltimore’s vacant housing program, but only 11 qualify
The first phase of a Baltimore program that aims to resurrect vacant homes by selling them to prospective homeowners for $1 drew applications from 459 city residents - only 11 of whom ended up qualifying. The post Hundreds apply in first phase of Baltimore’s vacant housing program, but only 11 qualify appeared first on Maryland Matters.
MCB Closes 151-Unit MF MSU Housing
MCB Real Estate has completed vertical construction and named “The Enolia,” a 151-unit, 473-bed off-campus housing project near Morgan State University in Baltimore. Scheduled to open in 2025, this 3.3-acre development aims to provide housing with amenities like study rooms, a fitness center, game room, and outdoor courtyard.
East Towson housing project Red Maple Place clears final council hurdle
Plans for a 56-unit affordable housing complex in Towson will proceed after years of litigation and a last-minute legislative effort to force the developer to downsize the project. On Monday, the Baltimore County Council passed unanimously a resolution requiring the neighborhood of Historic East Towson to comply with county design guidelines. After the council delayed voting on the resolution ...
In Hamilton-Lauraville, Flats at the Markley becomes ‘The Enolia’ to serve as Morgan State University student housing
Enolia Pettigen McMillan was an educator, visionary, civil rights pioneer and champion for Morgan State University. Now she has her name on a building associated with that institution. At a topping-off ceremony for a 473-bed apartment building in Hamilton-Lauraville last week, developers joined with university leaders to announce that it...
CBRE Arranges Sale of $140M Six-Building Industrial Portfolio in Baltimore
CBRE has arranged the sale of Baltimore Crossroads, a six-building industrial portfolio totaling nearly 900,000 square feet on 198 acres in Baltimore’s East Industrial submarket, to EQT Exeter for $140.5 million. CBRE’s Bo Cashman and Jonathan Beard, along with CBRE National Partners, led the marketing and represented the seller.
Dominion Financial Services Launches New TPO Program
The new loan option provides broker partners with access to long-term DSCR rental loans. Baltimore-based Dominion Financial Services, a private lender with products tailored to real estate investors, has launched a third-party origination program for mortgage brokers. “This marks a significant milestone in the company’s commitment to expanding its reach...
An Innovative Financing Model for Affordable Housing
The Laureate affordable housing project in Derwood, Md. North of Washington, D.C., and southwest of Baltimore, Montgomery County in Maryland represents both ends of the country’s economic divide. It’s one of the country’s wealthiest counties—and also a county where about one-fifth of households make less than $50,000 a year.
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