Tuesday, May 22, 2018

StonebridgeCarras, Donohoe to begin work next year on $100M Bethesda Bio development

The project is already garnering interest from potential tenants.



from https://www.bizjournals.com/baltimore/news/2018/05/22/stonebridgecarras-donohoe-to-begin-work-next-year.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/174152674002

Profit for Maryland banks rises 23 percent in first quarter

The state’s 48 federally insured financial institutions reported a combined profit of $118 million in the first quarter, up from $96 million a year ago.



from https://www.bizjournals.com/baltimore/news/2018/05/22/profit-for-maryland-banks-rises-23-percent-in.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/174150716027

Selling Baltimore in Las Vegas, Pugh says 'You won't be disappointed'

Baltimore is getting a slick, multimedia close-up this week in Las Vegas. The city’s tourism gems like the Inner Harbor, Federal Hill, Canton Fort McHenry are highlighted in a 68-slide brochure rich with photos and details on the city’s diverse neighborhoods. The details are being handed out on computer thumb drives at the Baltimore Development Corp.’s booth inside the Las Vegas Convention Center as part of the International Council of Shopping Centers’ convention. In addition, Mayor Catherine…



from https://www.bizjournals.com/baltimore/news/2018/05/22/selling-baltimore-in-las-vegas-pugh-says-you-wont.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/174150715837

Hanover biotech Processa Pharmaceuticals raising $8 million

Hanover biotechnology firm Processa Pharmaceuticals Inc. is raising up to $8 million in new equity funding, according to a recent filing with the U.S. Securities and Exchange Commission. The publicly traded drug development company, previously known as Heatwurx Inc., raised $2.6 million in debt financing last year, according to SEC documents. More than half of the goal in the most recent round has already been raised, from more than 30 investors. In the filing, Processa (OTC: PCSA) notes that…



from https://www.bizjournals.com/baltimore/news/2018/05/22/hanover-biotech-processa-pharma-raising-8-million.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/174149988217

Historic Bartlett Pear Inn hits the market in Easton

A historic bed and breakfast inn on the Eastern Shore has hit the market for $1.295 million. The Bartlett Pear Inn, known for its highly rated food and being a destination for Washington, D.C., politicians, has eight bedrooms, as well as seven full and two half bathrooms. The 10,251-square-foot property is located at 28 S. Harrison St. in the historic district of Easton and has operated as an inn for the last decade under its current ownership. It first opened in 1790. The three-story Federal-style…



from https://www.bizjournals.com/baltimore/news/2018/05/22/historic-bartlett-pear-inn-hits-the-market-in.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/174147950272

Stronach Group, Pugh expected to soon meet about Pimlico's future

Chairman Belinda Stronach will be among those meeting with the Baltimore City mayor to discuss the future of the 148-year-old racetrack.



from https://www.bizjournals.com/baltimore/news/2018/05/22/stronach-group-pugh-expected-to-soonmeet-about.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/174144910572

Bank of America rolls out AI assistant Erica to all mobile customers

Bank of America Corp. is rolling out its virtual financial assistant Erica to all of its 25 million mobile customers over the next few weeks. Erica is artificial intelligence-driven, and helps Bank of America (NYSE: BAC) app users access balance information, transfer money between accounts, send money with Zelle and schedule meetings at financial centers. Customers can interact with Erica via voice commands, texting or touch. “Everything we do is based on what we hear from our clients: how they…



from https://www.bizjournals.com/baltimore/news/2018/05/22/bank-of-america-rolls-out-ai-assistant-erica-to.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/174144910422