by Harbor Stone Advisors | Dec 8, 2023 | Insights, Research
The landscape of today’s economy has led property owners and prospective buyers to explore alternative avenues like seller financing and assumable debt. Sellers with limited to no debt on assets can make a 1st position loan, which is much less risky than 2nd position....
by Harbor Stone Advisors | Nov 3, 2023 | Insights, Research
An Update on Baltimore County’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: $172.6...
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 | Oct 8, 2023 | Market Research, Research
Key Takeaways: Multifamily deal activity has slowed significantly in Prince George’s County in 2023, with sales volume totaling 37.6 million year-to-date, a significant drop below the county’s five-year average of $1.13 billion. This is caused by the...
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...
