News

An intimate and extremely curious gathering of Developing Leaders (professionals 35 years of age and younger) participated at the recent “Morning with Mentors” breakfast event, held at the corporate offices of MOI. Pictured left to right: Brendan Gill, MacKenzie Ventures; Liz Allison, Merritt Properties; Kate Jordan, Lee…

The Maryland Commission on Climate Change, Mitigation Working Group (MWG) has released its 2025 draft policy recommendations intended to make progress toward Maryland’s aggressive climate mitigation goals. Emissions from cars, trucks, and other modes of transportation are the second largest source of greenhouse gas emissions in Maryland. Sluggish electric vehicle…

After lowering interest rates several times last year, an action that ended an inverted yield curve scenario, the Federal Reserve has held the line thus far in 2025, much to the chagrin of the commercial real estate community. That stance might be changing at next month’s Federal Open Market Committee’s…

Two large, looming changes to Maryland’s healthcare system may heighten the need for efficient space, strategic siting and creative real estate financing in the next few years. To better respond to current and anticipated challenges in medical real estate needs, MacKenzie Commercial Real Estate Services has established a Healthcare Services…

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…

In the post-Covid world, arts are playing a bigger role in investment decisions and employee retention. Photo courtesy of Howard Hughes. From the $240 million transformation of CFG Bank Arena to the $68 million Performing Arts Center in Columbia to construction of maker spaces, cultural centers, artists flats…

A spike in the price of peak-load electricity is fueling discussions about how to contain buildings’ operating costs and options to address Maryland’s energy shortage. Earlier this year, the annual auction for capacity energy — i.e. the cost of maintaining and accessing additional standby power during peak-load hours — produced…