by Harbor Stone Advisors | Feb 16, 2024 | Insights, Research
Multifamily completions picked up nationwide in 2023, with more than 570,000 units opening their doors. However, Mid-Atlantic markets experienced fewer deliveries than many parts of the country, mainly in the South. A handful of neighborhoods in Baltimore and D.C....
by Harbor Stone Advisors | Feb 9, 2024 | Insights, Research
Job growth in the Baltimore metropolitan area grew by 2.1% in 2023, adding nearly 30,000 jobs, according to the latest data from the U.S. Bureau of Labor Statistics. Total non-farm employment grew by 3,500 jobs in December. This growth supported increased leasing...
by Harbor Stone Advisors | Jan 30, 2024 | Media, Press Releases
Harbor Stone Advisors Facilitates Sale of Hansel Hall Baltimore, MD – Harbor Stone Advisors, a Mid-Atlantic commercial real estate firm specializing in multifamily investment sales, has orchestrated the sale of Hansel Hall Apartments. The property includes 13...
by Harbor Stone Advisors | Jan 25, 2024 | Market Research, Research
Key Takeaways: Rent growth in Baltimore outpaced fast-growing markets like Miami, Nashville, Phoenix, and Raleigh. Renter demand saw a noticeable uptick during the 2023 leasing season, and that momentum carried over into the winter months as well. Multifamily...
by Harbor Stone Advisors | Jan 17, 2024 | Insights, Research
Multifamily investment in Baltimore is expected to increase in 2024, as a stable interest rate environment should push more deals to the finish line. The Federal Reserve has indicated multiple rate cuts are on the docket for this year and even more in 2025, thanks to...