As leasing rates slow at luxury apartment developments in Baltimore, perks like one and two months free rent and even a cruise are being tendered as a way to lure new tenants. “Offering 2 months free on select units,” reads an internet advertisement for Porter Street Apartments, a new development in Locust Point off of Key Highway. The bonanza is good for renters and temporarily painful for developers, some experts say, as an overstock of multi-family units in Baltimore that tops 15,000 units over…
from https://www.bizjournals.com/baltimore/news/2018/01/15/baltimores-luxury-apartments-woo-tenants-with.html?ana=RSS&s=article_search
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