The neighborhoods across the city — from Federal Hill to Canton — have seen a large increase in mid-level to luxury apartment complexes, as well as “live, work, play” communities such as the Porter Brewers Hill, Anthem House and McHenry Row.
While all of this seems to paint a positive picture for Baltimore, the question remains: do we have enough high sustainable income to fill the thousands of apartments flooding the market, or are we too optimistic? Is Baltimore creating new jobs at the same or faster clip? Are enough transplants moving here to fill the leasing and investment needs?
In the August 9, 2017 digital edition of The Baltimore Business Journal, Travis Klein, a member of Ellin & Tucker’s real estate industry services group and a tax advisor for many of the firm’s commercial and residential real-estate engagements, explores the large expansion of Baltimore City’s mid-level, luxury, and “live, work, play” apartment communities to unpack what he deems will be economically necessary for this boom to be a success.
To read the rest of the article, please visit How the city can fill up its ‘live, work, play’ communities on The Baltimore Business Journal website.Subscription is required. For more information, please contact firstname.lastname@example.org.
TRAVIS KLEIN, CPA, MBA, is a key member of Ellin & Tucker’s real estate industry services group and a well-respected tax advisor for many of the firm’s most prominent commercial and residential real estate engagements. Travis has a strong grasp of the complex real estate tax planning, consulting, and compliance matters facing real estate business owners. He can be reached at email@example.com.