News

  • If you ask me…

    If you ask me…

    How do you strike the perfect work-home balance? Kate Nolan BrydenSenior Vice PresidentMRP | Industrial “First and foremost, I look at work-home balance in the aggregate. There will always be days or even whole seasons when more of my attention is needed in one area or the other but…

  • Mentoring program works to remove barriers facing minority developers

    Mentoring program works to remove barriers facing minority developers

    On a marginalized but promising stretch of East Chase Street, Dr. Leon Caldwell is striving to execute a social-impact real estate development. Caldwell, who was formerly a tenured associate professor at the University of Nebraska and a leading researcher with the Annie E. Casey Foundation, founded Ujima…

  • WSJ warns of transition risks posed by climate change and related policies

    WSJ warns of transition risks posed by climate change and related policies

    On December 15th, the Wall Street Journal Editorial Board wrote about the “transition risk” posed by a move to a low-carbon economy and cited a report seen by some as a policy roadmap for President-Elect Joseph R. Biden’s administration.   The recent report issued by the Senate…

  • Pivoting, succeeding and forging ahead during the pandemic

    Pivoting, succeeding and forging ahead during the pandemic

    From companies that successfully switched to telework operations to tenants that pivoted to new business models to market segments that posted strong leasing rates, 2020 contained bright spots despite the pandemic. CREDA Maryland’s Developing Leaders highlighted those successes as well as optimistic signs for a real estate rebound in…

  • Forest retention banks fail to qualify as forest mitigation

    Forest retention banks fail to qualify as forest mitigation

    Developers’ opportunities to meet forest mitigation requirements appear to have narrowed. Brian Frosh, Maryland Attorney General, has issued an opinion concluding that acquisition of credits in a “forest retention bank” that preserves existing forest does not qualify as a mitigation under the Forest Conservation Act. According to…

  • Spencer Levy and CBRE present optimistic outlook for 2021

    Spencer Levy and CBRE present optimistic outlook for 2021

    The United States is about to enter a dark tunnel that will negatively impact the economy for several months but, upon its emergence early next year and buoyed by COVID-19 vaccines, nearly every commercial real estate asset class will be on the upswing with promising prospects expected for 2021.

  • State revenues provide pleasant surprise in 2020, but uncertain future

    State revenues provide pleasant surprise in 2020, but uncertain future

    State revenues remained surprisingly strong during the height of the pandemic, but state budget analysts see deep cash shortfalls over the next five years. The depth of those shortfalls will largely hinge on how quickly jobs and income recover under the state’s “official” and “alternate” economic scenarios. Although…

  • Industry Roundtable: Engineering

    Industry Roundtable: Engineering

    From left to right: Christopher Hillis, CMT Division Manager, Hillis-Carnes Engineering Associates; Kat Sabo, President, Budova Engineering and Joe Ucciferro, Associate, Bohler Christopher Hillis, CMT Division Manager, Hillis-Carnes Engineering Associates; Kat Sabo, President, Budova Engineering and Joe Ucciferro, Associate, Bohler participated in an virtual discussion to exchange ideas regarding…

  • The Art of Development

    The Art of Development

    How public art projects strengthen properties, communities and people Perched high above the stream of business park traffic, Ordinary Person sits and watches the workday pass. The sculpture by local artist Charlie Brouwer features a classically shaped column, typically used in monuments to historical figures. But the individual on…

  • State Circle: Executives weigh opportunities and liabilities of rooftop solar

    State Circle: Executives weigh opportunities and liabilities of rooftop solar

    This article appeared in the November/December 2020 issue of CREDA InSites Newsletter. Developments in the solar energy sector have made the prospect of placing solar panels on the roofs of commercial buildings both more intriguing and more daunting. The price of generating energy through photo voltaic (PV)…