by Harbor Stone Advisors | Apr 21, 2025 | Insights, Research
Pictured: 16-18 E Preston, a 7 Unit apartment building in Mount Vernon. The asset is currently under contract, and was available via a recent auction sale event. In an environment where interest rates remain elevated and underwriting is tight, multifamily owners are...
by Harbor Stone Advisors | Mar 24, 2025 | Insights, Research
Baltimore City’s total population increased for the first time in over a decade, adding more than 750 residents in 2024, according to recent data from the U.S. Census Bureau. Domestic migration—or residents leaving the city—slowed significantly. This trend is likely...
by Harbor Stone Advisors | Feb 6, 2025 | Insights, Research
Baltimore’s multifamily construction landscape is undergoing a significant shift. While the metro has seen steady apartment development over the past few years, the number of permitted projects has dropped by 40% in 2024, signaling a slowdown in future supply. At the...
by Harbor Stone Advisors | Jan 30, 2025 | Insights, Research
As we enter 2025, Baltimore’s multifamily market continues its resilience in the face of record levels of new supply and a volatile bond market. Multifamily absorption has outperformed, with 2024 being the second-best year since 2000. This demand is supported by...
by Harbor Stone Advisors | Dec 19, 2024 | Insights, Research
The multifamily investment market in Baltimore is experiencing a resurgence in 2024, following a turbulent period brought on by rising interest rates. Harbor Stone Advisors has been at the forefront of this recovery, reporting a 95% year-over-year increase in deal...
by Harbor Stone Advisors | Dec 6, 2024 | Insights, Research
The Baltimore Metro multifamily market has navigated a dynamic landscape in 2024, marked by elevated new deliveries, with more than 4,100 units entering the market. This wave of supply has tested the region’s resilience, but robust renter demand has allowed vacancy...
