Tuesday, October 31, 2017

Baltimore projects among recipients of $9M in state historic tax credits

A total of $9 million in tax credits were awarded Tuesday by the Maryland Historical Trust under a program that encourages historic preservation. The historic preservation tax credits were awarded to projects that include the redevelopment of the Alex Brown building on East Baltimore Street into an upscale 170-seat restaurant, the Union Brothers Furniture Co. building conversion to a mixed-use project in South Baltimore and a redevelopment of the Belnord Theatre near Patterson Park into a CASA of…



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Loss of House of Cards could be economic hit to Maryland

The series, filmed at sites throughout Maryland, has a large economic footprint in the state, according to numbers from the Department of Commerce. It’s also received large sums in tax incentives for filming here.



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Preservation Maryland in 'aggressive' fight to save federal historic tax credits

“Losing it would have a detrimental effect on the city of Baltimore, the state and the entire nation,” said Nicholas Redding, executive director of Preservation Maryland.



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Kevin Plank: Under Armour will 'stand on its own two legs' despite disappointing 2017

At the root of Under Armour’s struggles is a sluggish U.S. market for retailers amid heavy discounts inside stores.



from https://www.bizjournals.com/baltimore/news/2017/10/31/kevin-plank-under-armour-will-stand-on-its-own-two.html?ana=RSS%26s=article_search
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6 Baltimore nursing homes named among best in U.S.

Six Baltimore nursing homes ranked among the best in Maryland, according to U.S. News & World Report. A new report today identified the Best Nursing Homes for 2017, based on evaluations from the Centers for Medicare and Medicaid Services and a five-level rating system — facilities earning a five rating are “top performing” and those earning a one are “poor.” Nearly 2,300 facilities, or 15 percent of all nursing homes in the country, earned top performing designations this year, including 38 in…



from https://www.bizjournals.com/baltimore/news/2017/10/31/6-baltimore-nursing-homes-named-among-best-in-u-s.html?ana=RSS%26s=article_search
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Maryland Proton Treatment Center shedding its for-profit status to reduce debt

Baltimore’s 110,000-square-foot Proton Treatment Center is part of University of Maryland’s BioPark and began treating patients early last year.



from https://www.bizjournals.com/baltimore/news/2017/10/31/maryland-proton-treatment-center-shedding-its-for.html?ana=RSS%26s=article_search
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Bioenergy company to open HQ, two plants in $40M Howard County deal

Howard County officials say 20 jobs will be created through the new deal with BTS Bioenergy.



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Steve Case ramps up Rise of the Rest efforts with new $100M seed fund

Venture capitalist and billionaire Steve Case is raising up to $100 million for a “Rise of the Rest” seed fund, the latest in his efforts to ramp up his ultimate venture capital thesis — that there are good companies to invest in outside of the traditional Silicon Valley and New York City startup nexus. The news (first reported by sister publication DC Inno) came in the form of a Securities and Exchange Commission filing Friday, and contains little information beyond the total amount being sought…



from https://www.bizjournals.com/baltimore/news/2017/10/31/steve-case-ramps-up-rise-of-the-rest-efforts-with.html?ana=RSS%26s=article_search
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SunTrust Tower is the latest downtown office building to trade hands

‘This is the fourth major office tower investment sale in 2017,’ broker says of the red-hot CBD market.



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