Real Estate - baltimoresun.com

$40 million Fells Point project gets new developer

By Lorraine Mirabella , The Baltimore Sun — Wed, 15 Feb 2012 00:07:00 GMT

Dolben Co. will build 159 apartments, ground-level shops around Broadway Market

A Massachusetts-based apartment developer has taken over a $40 million project to transform the blocks around Broadway Market in Fells Point into new housing and shops.

Real Estate Wonk: Baltimore as a company town

Tue, 14 Feb 2012 13:16:00 GMT

Real Estate Wonk: Big price doesn't always mean many bedrooms

Mon, 13 Feb 2012 12:40:00 GMT

January home sales fall in Baltimore area

By Gus G. Sentementes , The Baltimore Sun — Sat, 11 Feb 2012 02:23:46 GMT

Prices stable while inventory at lowest in nearly six years

January home sales slipped by 5 percent in the Baltimore area, while the number of homes on the market reached its lowest point in nearly six years, numbers released Friday show.

COPT posts $87.2 million fourth-quarter loss

By Lorraine Mirabella , The Baltimore Sun — Thu, 09 Feb 2012 19:17:00 GMT

Developer blames weak economy and uncertainty on federal budget cuts

Columbia-based office developer Corporate Office Properties Trust, or COPT, posted an $87.2 million loss in the fourth quarter, the company reported Thursday, blaming a weak economic recovery and uncertainty over federal budget cuts.

Maryland joins nationwide mortgage settlement

By Hanah Cho , The Baltimore Sun — Thu, 09 Feb 2012 17:19:47 GMT

Nearly $1 billion will help state residents

Maryland Attorney General Douglas F. Gansler has agreed to join other states in a $25 billion settlement with the nation's five largest mortgage servicers — a landmark agreement that would provide nearly $1 billion in aid to Maryland homeowners who were victims of shoddy and illegal foreclosure paperwork practices.

Real Estate Wonk: Almost 50K foreclosures in Md. since 2006

Thu, 09 Feb 2012 14:06:00 GMT

From Sun Magazine: When architects build a marriage — and design a home

By Jill Rosen , The Baltimore Sun — Thu, 09 Feb 2012 12:08:00 GMT

Professional skill meets personal style for these married Baltimore architects

Architects live and breathe design, from the smallest moldings to the facade of a home. So what happens when two aesthetes marry and create a home together? More teamwork and coordination that you might think, as these Baltimore-area partners in heart and home demonstrate.

Inner Harbor Holiday Inn is purchased by R.I. firm

The Baltimore Sun — Wed, 08 Feb 2012 01:13:05 GMT

The Holiday Inn Baltimore Inner Harbor has been acquired by The Procaccianti Group, a Providence, R.I.-based real estate investment and management company, the firm announced Tuesday.

Real Estate Wonk: Renting by default or by choice

Tue, 07 Feb 2012 12:56:00 GMT

Proposal would help state keep banks from getting homeowner tax breaks

Mon, 06 Feb 2012 12:33:00 GMT

Habitat for Humanity of the Chesapeake names new CEO

By Jamie Smith Hopkins , The Baltimore Sun — Sat, 04 Feb 2012 01:32:00 GMT

Affordable-housing provider Habitat for Humanity of the Chesapeake said its new chief executive — who brings a construction and finance background — will come on board this month.

Real Estate Wonk: Where area residents would rather be

Fri, 03 Feb 2012 12:47:00 GMT

Cole says he alerted state to Federal Hill assessment error several years ago

By Scott Calvert , The Baltimore Sun — Thu, 02 Feb 2012 13:43:46 GMT

Mistake 'slipped through the cracks,' councilman says

City Councilman William H. Cole IV said Wednesday evening that his office told state assessors several years ago that they had mistakenly valued a large Federal Hill home as if it were a fraction of its true size. And Cole said others in the neighborhood had complained as well, yet the error was not fixed.

Having trouble finding a Baltimore foreclosure to buy? Here's why

Thu, 02 Feb 2012 13:04:00 GMT

Real Estate Wonk: Feb. 10 is deadline to appeal new assessments

Wed, 01 Feb 2012 12:46:00 GMT

Baltimore suburbs rank third lowest in suburban office vacancy rates

By Lorraine Mirabella , The Baltimore Sun — Tue, 31 Jan 2012 04:47:00 GMT

Only San Francisco peninsula, Silicon Valley have lower rates

Thanks to demand from the defense sector, the vacancy rate for office space in Baltimore's suburbs is lower than anywhere else in the United States except for two suburban markets in California, a new commercial real estate report shows.

Real Estate Wonk: More incentives for principal reduction

Mon, 30 Jan 2012 12:31:00 GMT

Botched assessment in Federal Hill is latest error by state agency

By Scott Calvert and Jamie Smith Hopkins , The Baltimore Sun — Mon, 30 Jan 2012 01:42:00 GMT

State says it mistakenly undervalued Montgomery Street home by $393,000 in 2009

This gray, three-story home above on the 200 block of East Montgomery Street is actually three Baltimore rowhouses combined into one. But state assessors twice missed the renovation, giving the owner an unwarranted tax windfall. The mistake casts a spotlight on an agency faced with a shrinking number of tax assessors handling increasing workloads.

Real Estate Wonk: Home sales by days on the market

Fri, 27 Jan 2012 12:42:00 GMT

Developer seeks tax break to lure Exelon

By Lorraine Mirabella and Hanah Cho , The Baltimore Sun — Fri, 27 Jan 2012 02:12:00 GMT

Owner of former McCormick site at Inner Harbor proposes tower with offices, apartments

The owner of one of the last undeveloped sites at the Inner Harbor is seeking a property tax break from the city to allow it to compete with the developers of four other sites that have proposed or considered building a downtown headquarters for Exelon Corp.

Real Estate Wonk: New proposal for ground-rent registry

Thu, 26 Jan 2012 12:44:00 GMT

What N.Y., Del. others are doing about mortgage misconduct

Tue, 24 Jan 2012 13:17:00 GMT

Second Chance, the salvage depot, is moving to a new home of its own

By Lorraine Mirabella , The Baltimore Sun — Tue, 24 Jan 2012 06:32:00 GMT

Salvage shop to vacate area planned for city casino

Things have always been a bit uncertain for Second Chance, a salvage depot and nonprofit organization that has built a loyal following among homeowners, interior designers, commercial builders and art students seeking one-of-a-kind home items. Now it's getting a second chance of its own, with a new, permanent warehouse. Above, carpenter Jon Lane installs windows reclaimed from the Philadelphia Civic Center.

Gansler urged not to sign foreclosure settlement

By Jamie Smith Hopkins , The Baltimore Sun — Tue, 24 Jan 2012 01:47:00 GMT

State attorney general gets calls, letters, petitions as part of national pushback against impending deal with banks

As state attorneys general across the country consider whether to settle with big banks over shoddy and illegal foreclosure practices, some Marylanders are urging Douglas F. Gansler not to sign on the dotted line.