Jon Banister

David Gillece served as a top economic development official in Baltimore before entering the commercial real estate industry in the 1990s.

The abrupt shutdown of affordable housing firm Neighborhood Development Co. has raised alarms about a growing crisis that could lead more companies to fold.

D.C. Council Chair Phil Mendelson is circulating a draft bill to change D.C.'s Emergency Rental Assistance Program, Bisnow has learned.

D.C.'s top-ranking council member addressed the crisis facing housing providers publicly for the first time and confirmed he is working on an ERAP reform bill.

The three affordable housing projects consist of a new development and two extensive renovations.

The bill to reform the Emergency Rental Assistance Program passed with an amendment from Councilmember Robert White that received industry pushback.

The university plans to convert the Waterloo Place Apartments in Baltimore's Mount Vernon neighborhood into student housing for its Peabody Institute.

Education tech company 2U, which emerged from Chapter 11 bankruptcy in September, moved its headquarters out of Prince George's County.

The markets have seen occupancy loss in 2024 as tenants renew and shrink leases, leaving some spec projects sitting empty and slowing new construction.

Industrial real estate execs say more tenants want automation technology, a shift that requires more power, which has become a scarce resource in many areas.