News

  • CBRE’s Spencer Levy sees plenty to be optimistic about in Baltimore

    CBRE’s Spencer Levy sees plenty to be optimistic about in Baltimore

    The Beatles’ song “All you need is love” was the central theme at this year’s Capital Stack event, which provided a commercial real estate update and economic overview using macro and micro perspectives. Intermingled with his nostalgic song mix, however, was a powerful message delivered by Spencer Levy, CBRE’s Global…

  • New officers and board members elected

    New officers and board members elected

    Sean Doordan, Senior Executive Vice President, Acquisitions and Growth, St. John Properties was elected President of CREDA Maryland at the recent Holiday Luncheon. Doordan will serve a two-year term beginning January 1, 2026. Additional officers, also serving two-year terms, will be Scott Wimbrow, President and Principal, MacKenzie Commercial Real…

  • Proposed nontidal wetlands regulations could expand mitigation options

    Proposed nontidal wetlands regulations could expand mitigation options

    The Maryland Department of Environment (MDE) has proposed changes to nontidal wetlands regulations that could increase costs but also open up mitigation options for development teams. Maryland wetlands fee-in-lieu and mitigation banking options are severely limited because the state’s regulatory framework does not comply with the U.S.

  • Howard County leads nation in Complete Streets

    Howard County leads nation in Complete Streets

    It has required broad consultation, revised design standards, staunch commitment, and ongoing experiments, but Howard County’s Complete Streets Program has been ranked number one in the nation by Smart Growth America. The policy and design manual, which was developed through discussions with individuals from a wide range of professional and…

  • State to integrate AI into its operations

    State to integrate AI into its operations

    The State of Maryland has announced a partnership with the AI company Anthropic and implementation partner Percepta to integrate Anthropic’s Claude AI models into the operations of state agencies. Anthropic will provide Claude AI to workers across state agencies, providing technical support to accelerate the deployment of AI-powered…

  • Self-storage helps revive retail center

    Self-storage helps revive retail center

    An uncommon marriage of retail and self-storage has helped revitalize an old and challenged suburban shopping center. Two months after Greenberg Gibbons acquired the Reisterstown Shopping Center, its anchor tenant — Mars Super Markets — announced it was closing all stores. The 50-year-old center’s occupancy soon plunged to 65 percent.

  • Experts gauge impact of One Big Beautiful Bill on CRE

    Experts gauge impact of One Big Beautiful Bill on CRE

    The One Big Beautiful Bill/Act (OBBB), which was signed into law on July 4, promises to significantly affect the national and local commercial real estate sector with its tax incentives, impact on raising and deploying capital, and favorable approach to Opportunity Zones. At a recent seminar sponsored by Land Services…

  • Mixed use with a twist: Projects demonstrate new paths to success

    Mixed use with a twist: Projects demonstrate new paths to success

    Extraordinary planning landed the Mayor’s Office of Employment Development as the anchor tenant in Reservoir Square’s new commercial space. Image courtesy of MCB Real Estate. From bespoke projects in distressed neighborhoods to reinventions of century-old industrial sites to the green build of an entirely new community, developers…

  • 40 Years of Connections: Members share their favorite CREDA moments

    40 Years of Connections: Members share their favorite CREDA moments

    From the Summer Social to Developing Leaders programs, the Capital Stack presentation, and countless community service projects, CREDA Maryland members know how to mix business, learning, and fun. Over four decades, this vibrant community has shaped careers, sparked friendships, and built lasting connections across the industry. To celebrate 40…

  • Weighing prospects in 2026

    Weighing prospects in 2026

    (From left to right) Brendan Gill, Kristi Smith and Ben Nichols. Photos courtesy of Howard Hughes Communities. 2025 has been an extremely tumultuous year for the business and real estate communities — especially for those operating near our Nation’s Capital, given the on-again, off-again tariffs policy, the…