Federal investigators are digging into a group of New York investors who borrowed more than $100 million in private credit and rapidly built a real estate portfolio of about 700 homes in Baltimore.
Federal prosecutors have charged an attorney in connection to a 2021 real estate investment scheme that centers on 42 rowhomes in East Baltimore owned by a group of New York investors.
Starting last year, community groups like Helping Up Mission began to receive tens of millions of dollars from the city’s opioid restitution fund to combat an ongoing overdose crisis.
The Harris family thought they had protected a family home from tax sale in Baltimore City, but an $888 unpaid tax bill sent the property to foreclosure.
Red Maple Place, one of the Baltimore region’s most contested housing developments, faces yet another obstacle after Maryland’s environmental agency ordered a moratorium on some construction work.
Baltimore City Council members are considering legislation that would enable increased oversight of abusive and negligent landlords — and would revoke rental licenses specifically for those who retaliate against undocumented immigrants.
The bills would require that tenants receive better notification of eviction dates and could give residents more time to take care of their belongings.
Marylanders who have bought a home in recent years spend much more on their monthly mortgage than previous buyers, new U.S. Census Bureau data shows, creating a stark economic divide.
StanCorp Mortgage Investors LLC filed a lawsuit on Jan. 23 in U.S. District Court in Baltimore against Cushman & Wakefield and one of its appraisers, David Masters.