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Media & Insights
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Media & Insights
ConnectCRE: 77-Unit Baltimore Apt Community Sold for $10M
Article from ConnectCRE by Emily Fu "Prescott Square Apartments, a 77-unit garden community in Pikesville, Baltimore County has been sold for $10.1 million. Justin Verner, Brooks Healy, and Tom Wohlgemuth of Harbor Stone Advisors represented both the seller and buyer,...
Citybiz: Harbor Stone Advisors Retained as Exclusive Advisor to Market Clifton Commons
"Harbor Stone Advisors proudly announces the availability of Clifton Commons, an exceptional multifamily asset poised for acquisition in Northwest Baltimore City. Boasting a robust investment potential and a strategic location, Clifton Commons presents an unparalleled...
BBJ: Baltimore’s Mt. Vernon neighborhood prepares for another reset
"The community north of downtown is marked by some of Baltimore's most elegant architecture with homes, churches, monuments and gardens reflecting the area's history. But new investment is on the way too. Here's why neighborhood leaders are enthusiastic about its next...
Just Sold: Frederick Manor
Harbor Stone Advisors Facilitates Sale of Frederick Manor Apartments, 47 Units in Southwest Baltimore Baltimore, MD - Harbor Stone Advisors, a Mid-Atlantic commercial real estate firm specializing in multifamily investment sales, has orchestrated the sale of Frederick...
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...
This Maryland County Leads Population and Job Growth, Fuels Apartment Development
Frederick County's population is growing quickly, faster than any other county in Maryland, according to new Census Bureau estimates. Frederick’s population has grown by roughly 2% annually since 2010, outpacing all counties in Maryland. In 2023, Frederick added...
Western Maryland: 2023 Multifamily Year in Review
Key Takeaways: - Western Maryland experienced a significant slowdown in multifamily investment activity in 2023, with total sales volume reaching just over $35 million. Between 2014 and 2022, these regions consistently contributed over $200 million annually in...
Just Sold: 527 N Charles St.
Harbor Stone Advisors Facilitates Sale of 527 North Charles Street Baltimore, MD - Harbor Stone Advisors, a Mid-Atlantic commercial real estate firm specializing in multifamily investment sales, has orchestrated the sale of 527 N Charles Street, a well-maintained...
Multifamily Demand Turns the Corner, Vacancies Stabilize in Baltimore
Since last spring, renter demand for multifamily properties in Baltimore has posted four straight quarters of positive absorption. Rising consumer sentiment and steady job growth have allowed many to return to the renting pool. Elevated rent growth in 2022 caused a...
Southern Suburban Maryland: Multifamily 2023 Review
Key Takeaways: - Multifamily deal velocity dropped by roughly 70% year-over-year in Southern Suburban Maryland due to a volatile economic environment with several rate increases by the Federal Reserve. - The 10-year treasury rate has remained at 4.3% or below since...
Just Sold: Forest Park Apartments and Retail
Harbor Stone Advisors Facilitates Sale of Forest Park Apartments and Retail Baltimore, MD - Harbor Stone Advisors, a Mid-Atlantic commercial real estate firm specializing in multifamily investment sales, has orchestrated the sale of Forest Park Apartments and Retail,...
Maryland’s Ever-Growing Presence in the Tech Scene
Maryland is home to several leading institutions in the tech space. Developments in 2023 promise further growth in the region through 2024 and beyond, including thousands of new jobs and millions in federal funding. University of Maryland Bio Park Left: 4MLK, a new...