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Quality Developers, Great Track-Records, Yet Tightening Credit

By: Myles, March 17th, 2011

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, […]

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Posted in construction, Baltimore, Developers, Bankers, Commercial Title Companies, Commercial Real Estate | No Comments »

2009 Baltimore Construction Down 62%

By: Myles, June 9th, 2010

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 […]

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Posted in construction, Baltimore, CMBS, Economy, Developers, Cresession, Commercial Real Estate | 1 Comment »