Exclusive
Media & Insights
Exclusive
Media & Insights
Baltimore Metro Multifamily Q4 2024 Market Report
Key Takeaways: Despite elevated new deliveries in 2024, strong renter demand has stabilized vacancy rates, allowing landlords to push rents, with rent growth expected to accelerate through 2025. Multifamily development in the Baltimore Metro is slowing due to...
CityBiz: Harbor Stone Advisors Facilitates Sale of Pangea Pines, 124 Units in Northeast Baltimore
"Harbor Stone Advisors has orchestrated the sale of Pangea Pines, a 124 unit garden apartment community in Northeast Baltimore City. With average rents of $1,024, the property received 10 competitive offers. Harbor Stone Advisors President Justin Verner,...
Baltimore’s Multifamily Construction Pipeline Signals Favorable Conditions Ahead
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...
Baltimore Multifamily Market: Trends to Watch in 2025
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...
CityBiz: Harbor Stone Advisors Facilitates Sale of Old Great Mills Apartments
"Harbor Stone Advisors has orchestrated the sale of Old Great Mills Apartments, 17 units in St. Mary’s County. Old Great Mills Apartments, located at 20761-20769 Old Great Mills Rd., features (15) residential and (2) commercial units. The asset is over 75% vacant,...
CityBiz: Harbor Stone Retained as Exclusive Advisor to Market The Kenary, 12 Recently Constructed Units in Fells Point
"Harbor Stone Advisors has been awarded the assignment to market The Kenary, a 12 Unit asset built in 2021. Harbor Stone Advisors President, Justin Verner, Director, Brooks Healy, Senior Advisor, Tom Wohlgemuth, and Advisor, Kevin Landolphi are marketing the...
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...
Citybiz: Harbor Stone Advisors Facilitates Sale of Gwynn Oak Gardens, 18 Units in Suburban NW Baltimore
"Harbor Stone Advisors, a Mid-Atlantic commercial real estate firm specializing in multifamily investment sales, has orchestrated the sale of Gwynn Oak Gardens, a gut-renovated multifamily asset in suburban Northwest Baltimore. The property includes 18 units with an...
Citybiz: Harbor Stone Advisors Presents The R.E.D. (Rosalind, Elgin, Dolfield) Townhome Portfolio – A Premier Investment Opportunity in Northwest Baltimore City
"Harbor Stone Advisors is excited to announce the exclusive listing of The R.E.D. Townhome Portfolio, a value-add multifamily investment opportunity located in Northwest Baltimore City. Comprising 200 units across three townhome communities, the portfolio represents...
Citybiz: Harbor Stone Advisors Facilitates Sale of Lynch Cove and Cedonia Townhomes, 53 Units in Baltimore County and Suburban NE Baltimore
"Harbor Stone Advisors, a Mid-Atlantic commercial real estate firm specializing in multifamily investment sales, has orchestrated the sale of both Lynch Cove Townhomes and Cedonia Townhomes. Lynch Cove, located in Dundalk, and Cedonia, located in Northeast Baltimore...