News

This summer, the Maryland House Ways and Means Committee, chaired by Delegate Vanessa E. Atterbeary (Vice‑Chair Delegate Jheanelle K. Wilkins), is conducting a summer study on Land Value Taxation to investigate the implications of granting Baltimore City the authority to overhaul its property tax system using a Land Value Taxation model. Variations…

The traditional office market may be wrestling with diminished demand and heightened costs, but one submarket – the Sensitive Compartmented Information Facility (SCIF) market – is enjoying strong demand while tackling new requirements for technological advances. A growing trend in SCIF projects is integrated design:…

CREDA Maryland, together with the Baltimore business and real estate communities, mourns the recent passing of Richard M. Alter (81) and Craig M. Smith (82). Richard Mark Alter Alter joined Manekin, LLC in 1971. Appointed as President and CEO in 1987, Alter oversaw all operations and development activities for…

Tom Burton, Senior Managing Director and Chief Investment Officer for ABR Capital Partners and Charlie Fenwick, Managing Director of Cushman & Wakefield, created the idea of Charm City Interns five years ago with a singular mission: showcase the outstanding real estate career opportunities available to young professionals in the Baltimore…

Michael Tait, Leasing Representative, St. John Properties, Inc., has been named 2025 CREDA National Developing Leader of the Year. Tait is one of only four other members among the nearly 60 CREDA chapters to be awarded the honor this year. The National Developing Leader of the Year is awarded to…

The Maryland Public Service Commission (PSC) issued an order on June 13, 2025, directing changes to how utilities charge new customers for natural gas service and mainline extensions. The order directs the PSC technical staff to draft regulations by December 1, 2025, that require new natural gas…

Dianna Wilhelm — in her role as Membership Committee Chair in 2010 — knew CREDA Maryland needed to attract younger members to assure its future. She elicited the support of James F. Knott, Jr., to uncover creative ways to attract new industry professionals, and borrowed an idea successfully being…

The Maryland State Archives has abandoned a plan to put plats, deeds, mortgages and other critical public land records behind a paywall. The reversal comes after pushback from a broad coalition of real estate groups. CREDA first argued against the fee during the 2025 General Assembly session…

The trend started with workplace foosball tables, state-of-the-art fitness centers, yoga classes, free juice bars and free lunches. Companies were thinking of, and investing in, a variety of programs and incentives to entice their employees to return to the traditional workplace on a regular basis. Oxygen therapy Recently,…

Brokerages for the Archdiocese of Baltimore are currently working to sell the first five properties on a list of 38 surplussed Catholic parishes. The real estate specialty of selling shuttered churches, however, is far bigger than the selloff of Catholic properties and analysts say that niche practice is about to…