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Media & Insights
Baltimore’s Multifamily Investment Market Sees Resurgence in 2024
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...
Baltimore Among Multifamily Markets Seeing Steady Rent Growth in 2024
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...
Multifamily Vacancies Stabilize in Suburban Maryland, Construction Remains Elevated
Vacancies for multifamily properties in Suburban Maryland* have slightly decreased throughout the first three quarters of 2024. Vacancies have expanded during peak inflation for the past two years, impacting apartment renter demand. However, demand for apartments...
How Harbor Stone Advisors is Leveraging AI in Today’s Competitive Market
Image generated by AI: Baltimore Home in Guilford Neighborhood Harbor Stone Advisors is embracing the future of commercial real estate by integrating artificial intelligence (AI) into its core operations to provide our clients with deeper insight into the...
Multifamily Investors Anticipate Boost from the Fed’s Likely Rate Cut in September
As the Federal Reserve signals a likely interest rate cut in its upcoming meeting on September 18th, multifamily investors have reasons to be optimistic. After a period of aggressive rate hikes to combat decades-high inflation, the Fed's shift in policy could provide...
Towson Development Updates: Baltimore County’s Largest City Continues to Grow
Towson is the largest and most populous city in Baltimore County, continuing to see steady population growth thanks to the sustained expansion of major institutions such as Towson University, GBMC HealthCare, the University of Maryland St. Joseph Medical Center, and...
Multifamily Deliveries Remain High in Baltimore, For Now
Several large multifamily projects initiated during the pandemic's low interest rates are now completed, contributing to sustained high levels of apartment deliveries last year and throughout 2024. Over 3,200 new units have been delivered this year, with 2,500 coming...
Renter Demand Fuels Record Growth in Baltimore Multifamily Market in 2024
The Baltimore MSA multifamily market has experienced a surge in renter demand in 2024, with a notably strong second quarter. First-half absorption totaled 2,574 units, the sixth highest since 2000. This high absorption is driven by increased consumer confidence,...
These New Restaurants Symbolize Rising Investor Interest in Baltimore
Consumer spending patterns have undergone significant transformations since the beginning of the pandemic, with specific retail sectors, such as restaurants, experiencing notable expansions. Retail establishments in the food and beverage industry constituted nearly...