All News
Washington Avenue – County Park
When Baltimore County placed a contract to purchase our Washington Avenue listing, we soon learned we had a major problem. Though the county had submitted an acceptable offer to our client, they had a major catch. Since the property was being sold as a park, all buildings, fences, landscaping and debris had to be removed…
Lots of Trouble
Selling vacant land becomes a struggle in down market Ryan Sharrow Baltimore Business Journal The Diamond Group has cut its asking price for a 2-acre lot in the city’s Morrell Park neighborhood in half. The lot has room for 20 new townhomes. Anne Arundel County home builder William Douglas Homes has four parcels of vacant…
Chestnut Point
When an unscrupulous Philadelphia developer borrowed millions from a New York bank to purchase the Chestnut Point Campground and Marina in Cecil County, Maryland few could image the nightmare that would soon unfold. The developer immediately attempted to evict all of the residents, but local regulators stepped in, notifying the developer under Maryland Land mobile…
St. Francis Orchard
When an investor purchased the last 2 acre parcel to round out this 125 acre assemblage, he found himself in a major dilemma. Though the $4.6 million bank loan he had been approved for was scheduled to close in five business days, after touring the site a senior bank official explained to the investor that…
Stephen Ferrandi and Josh Halbedel Awarded Disposition of Six Acre Site in Silver Spring
Stephen Ferrandi and Josh Halbedel are awarded the disposition of a six acre site in Silver Spring, Montgomery County on New Hampshire Avenue. The site is being marketed as a house of worship site and is priced at $1,400,000.