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After years of consultations between state officials and a stakeholder group, a new stormwater management regulatory structure for Maryland appears to be taking shape. The initiative began with the passage of SB 227 in 2021. Drafted in response to severe flooding events in Ellicott City, Rockville and elsewhere, the legislation…

It has the potential to automate time-consuming administrative tasks, analyze vast amounts of data, forecast risks and opportunities, and enable workers in every facet of the commercial real estate industry to channel their time into thoughtful, impactful activities. But harnessing the power of Artificial Intelligence (AI) requires a prolonged, disciplined…

Following historic low investment sales activity in 2023 across all real estate asset classes, the pace increased this year and some are expressing guarded optimism that momentum will accelerate in 2025. Experts who participated in a recent CREDA roundtable agree that lower interest rates have helped spur activity, encouraged new…

Photo courtesy of St. John Properties, Inc. With a diversified economy, growing population and available land, the Salisbury-Wicomico County area is looking like an increasingly attractive market to some commercial real estate professionals. In October, St. John Properties broke ground on its first development in Salisbury, Westwood Commerce…

A week after President-Elect Donald Trump swept the battleground states to take the White House, a Republican majority holds the Senate, and Republicans are close to retaining control of the House of Representatives, although several House races remain too close to call. A Republican federal electoral sweep could set the…

The best time to acquire commercial real assets is “when things are at the bottom” and “that was six months ago.” That was one conclusion delivered by Spencer Levy, CBRE’s Global Client Strategist and Senior Economic Advisor, at CREDA Maryland’s annual Capital Stack event. Speaking one day…

Photo credit: A.J. Billig & Co. Auctioneers Recent high-profile auctions fetching $4.4 million for One Charles Center, the 23-story office tower formerly owned by Peter Angelos, and $3.2 million for Kevin Spacey’s 9,000-square-foot waterfront condominium received their fair share of media attention. But most auctions don’t command bold…

A coalition – including the National Association of Homebuilders, The Restaurant Law Association, the National Federation of Independent Businesses, the Maryland Building Industry Association, Washington Gas, the Philadelphia-Baltimore-Washington Laborers’ District Council and Teamsters Local 96 – has filed suit in federal court to block Montgomery County’s ban on natural…

New Urbanism principles – in which consumers rely less on automobiles to move around cities and instead use bicycles and mass transit options to participate in daily work and personal activities – are taking root throughout sections of the United States, including Maryland. Rendering of…

The University of Maryland Baltimore (UMB), the Baltimore Peninsula project team and MCB Real Estate, LLC are among the Maryland-area entities now partnering with Sweeten Enterprise to facilitate the hiring of Minority- and Women-owned Business Enterprises (MWBE). The Baltimore-based company has developed a proprietary software platform that connects…