by Harbor Stone Advisors | Oct 27, 2023 | Insights, Research
Baltimore’s Central Business District saw increased leasing in 2022 thanks to the relocation of 12 state agencies. Despite this rebound, office vacancies in the CBD remain near record highs at 18.2%, according to CoStar data. Several marquee tenants in downtown...
by Harbor Stone Advisors | Oct 13, 2023 | Insights, Research
Many renters will likely have no option but to continue renting as the single-family housing market softens nationwide. With mortgage rates at 20-year highs and low inventory levels, mortgage applications have fallen to the lowest level in over three decades. This...
by Harbor Stone Advisors | Sep 29, 2023 | Insights, Research
There is no denying renters today prefer upgraded units with an array of amenities. Multifamily amenities have steadily become more important for property owners to increase rent premiums and attract and retain tenants. According to data from CoStar, nearly 9,000...
by Harbor Stone Advisors | Sep 13, 2023 | Insights, Research
An Update on Baltimore City’s Multifamily Market Multifamily Market in Minutes Multifamily Market in Minutes is a brief overview of key trends and figures related to commercial investments in Baltimore. Three figures to know thus far in 2023 are: $66.3...
by Harbor Stone Advisors | Jul 27, 2023 | Insights, Research
How to Maximize Return on Multifamily Investments Multifamily operators need to be innovative and strategic in their approach to maximizing value in today’s market. While some factors such as interest rates are less controllable, others like renovations and rent...
by Harbor Stone Advisors | Jul 14, 2023 | Insights, Research
What is a Cap Rate? When evaluating real estate deals, one of the most prevalent metrics is the capitalization rate, more commonly referred to as a “cap rate”. Cap rates are calculated by dividing the net operating income by the value of the property (NOI / Value)....
