News

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:…

NAIOP 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…

Michael Tait, Leasing Representative, St. John Properties, Inc., has been named 2025 NAIOP National Developing Leader of the Year. Tait is one of only four other members among the nearly 60 NAIOP chapters to be awarded the honor this year. The National Developing Leader of the Year is awarded to…

The Maryland Public Service Commission (PSC) issued an order on June 13, 2025, directing changes to how utilities charge new customers for natural gas service and mainline extensions. The order directs the PSC technical staff to draft regulations by December 1, 2025, that require new natural gas…

Dianna Wilhelm — in her role as Membership Committee Chair in 2010 — knew NAIOP Maryland needed to attract younger members to assure its future. She elicited the support of James F. Knott, Jr., to uncover creative ways to attract new industry professionals, and borrowed an idea successfully being…

The Maryland State Archives has abandoned a plan to put plats, deeds, mortgages and other critical public land records behind a paywall. The reversal comes after pushback from a broad coalition of real estate groups. NAIOP first argued against the fee during the 2025 General Assembly session…