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...

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...

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...

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 Million...

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 growth, can be properly executed by investors. Since...

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). I.E., $100,000 NOI /...

Baltimore remains a hot spot for residential conversions, representing nearly half of the city’s construction pipeline. Demand for office space in Baltimore’s downtown has slowed as many firms look towards Harbor East or have adapted remote work, requiring less office...

Commercial property insurance prices have drastically increased across the country for the past several years. According to the Insurance Information Institute, premiums for commercial insurance at the end of 2022 increased by an average of 9.4%. Many insurance...

Baltimore City’s population has seen consistent declines in the past decade. According to the Census, overall growth from 2010 to 2020 has decreased by 5.7%. But of the 278 neighborhoods tracked by the Baltimore City Department of Planning, 86 recorded positive...