According to CoreLogic, as reported by the Baltimore Sun today, “[n]early one in four Marylanders with a mortgage owed more on those loans than their homes were worth this spring, worse than all but six other states — and a large number of homeowners who can’t easily sell or refinance.”
Although the Baltimore region is running at a lower […]

As reported in the January 28, 2011 edition of the Baltimore Business Journal, Maryland’s Cautious Banks Tighten Lending Requirement, the article reflects the current state of lending in Maryland.More specifically, examples are cited of secure, quality developers – with great track-records like Cignal Corp. — who are ready to build, but due to strick lending environments, […]

So you thought commercial construction has been off? You’re right and in a big way ….
Completed construction projects in downtown Baltimore fell by 62 percent in 2009 as money for new offices, homes and shops virtually dried up across the region.
Downtown Partnership of Baltimore Inc., the marketing group for city businesses, released the figures in […]