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Midfield Realty and Alex Cooper Auction Group Join Forces to Showcase Historic Mt. Vernon Property

Midfield Realty and Alex Cooper Auction Group Join Forces to Showcase Historic Mt. Vernon Property Midfield Realty, led by Yaakov Kanevsky & Mendel Dalfin, and Alex Cooper Auction Group are excited to announce their collaborative effort in the Mt. Vernon multifamily property sale of a double-net 20-unit multifamily property located in the heart of historic Mt. Vernon. This strategic partnership comes on the heels of Midfield Realty’s recent success in the sale of an 18-unit portfolio in Mt. Vernon and underscores their commitment to delivering optimal results for property owners. Midfield Realty, a prominent player in the real estate market, has been experiencing remarkable growth, evident from their recent transactions in Mt. Vernon and similar sales in the region. These accomplishments further solidify their expertise in handling complex Mt. Vernon multifamily property sales. Midfield Realty’s approach goes beyond traditional real estate services. They actively collaborate with local vendors to provide comprehensive solutions tailored to the unique needs of property owners. This commitment to a holistic approach ensures that Midfield’s clients have the best path forward, depending on the deal structure and market conditions. About Midfield Realty: Midfield Realty is a leading real estate firm dedicated to providing tailored solutions to property owners in the Mt. Vernon area. With a proven track record of successful transactions, including Mt. Vernon multifamily property sales, and a commitment to excellence, Midfield Realty continues to grow and thrive in the dynamic real estate market. As the real estate landscape in Mt. Vernon continues to evolve, Midfield Realty remains at the forefront of delivering value to property owners through strategic partnerships and a customer-centric approach.

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This Week’s Baltimore Deal Sheet

Baltimore real estate highlights this week include key updates on legislation, leases, developments, and sales that showcase the dynamic real estate market Midfield Real Estate specializes in. As a leading commercial real estate brokerage firm focused on multifamily investment properties in Baltimore, Midfield Real Estate remains committed to navigating these market trends for clients. Baltimore County Executive Johnny Olszewski has withdrawn a bill that would have allowed specific mixed-use developments to proceed without Baltimore County Council approval, The Baltimore Banner reports. The bill’s demise delivers a blow to some county developers struggling to gain approval for mixed-use projects. Despite county and state agencies promoting denser development, that building style has faced stiff opposition, particularly in more suburban parts of the county. According to the Banner, the county executive’s office plans to pursue legislation with the county council’s president instead. That bill would allow county lawmakers to designate zones to encourage mixed-use development. In recent years, county residents have regularly opposed mixed-use developments and routinely pressured county council members to oppose projects or risk alienating voters. One prominent example is the ongoing battle over the proposed redevelopment of Lutherville Station. The site is an underutilized retail center next to a light rail station. Yet nearby residents, primarily upset about plans to build apartments as part of the redevelopment, have fiercely opposed redevelopment plans. A spokesman recently told Bisnow that developer Mark Renbaum was monitoring Olszewski’s bill and viewed the legislation as a potential alternative route to secure zoning changes if the Comprehensive Zoning Map Process doesn’t yield results. LEASES Kneads Bakeshop has signed a lease to open a bakery and coffee shop at The Village of Cross Keys, according to the project’s developer, Caves Valley Partners. The bakery plans to open its second location in 1,300 SF in a new jewel box building between Always Ice Cream Co. and Atlas Restaurant Group’s planned Asian concept at Cross Keys. The developer expects Kneads to open the Cross Keys location this fall. DEVELOPMENT Baltimore real estate highlights this week include key updates on legislation, leases, developments, and sales that showcase the dynamic real estate market Midfield Real Estate specializes in. As a leading commercial real estate brokerage firm focused on multifamily investment properties in Baltimore, Midfield Real Estate remains committed to navigating these market trends for clients. Baltimore real estate highlights a significant legislative update: Baltimore County Executive Johnny Olszewski has withdrawn a bill that would have allowed specific mixed-use developments to proceed without Baltimore County Council approval, The Baltimore Banner reports. The bill’s demise delivers a blow to some county developers struggling to gain approval for mixed-use projects. Despite county and state agencies promoting denser development, that building style has faced stiff opposition, particularly in more suburban parts of the county. According to The Banner, the county executive’s office plans to pursue legislation with the county council’s president instead. That bill would allow county lawmakers to designate zones to encourage mixed-use development. In recent years, county residents have regularly opposed mixed-use developments and routinely pressured county council members to oppose projects or risk alienating voters. One prominent example highlighted in Baltimore real estate highlights is the ongoing battle over the proposed redevelopment of Lutherville Station. The site is an underutilized retail center next to a light rail station. Yet nearby residents, primarily upset about plans to build apartments as part of the redevelopment, have fiercely opposed redevelopment plans. A spokesman recently told Bisnow that developer Mark Renbaum was monitoring Olszewski’s bill and viewed the legislation as a potential alternative route to secure zoning changes if the Comprehensive Zoning Map Process doesn’t yield results. LEASES Baltimore real estate highlights a new lease agreement: Kneads Bakeshop has signed a lease to open a bakery and coffee shop at The Village of Cross Keys, according to the project’s developer, Caves Valley Partners. The bakery plans to open its second location in 1,300 SF in a new jewel box building between Always Ice Cream Co. and Atlas Restaurant Group’s planned Asian concept at Cross Keys. The developer expects Kneads to open the Cross Keys location this fall. DEVELOPMENT Baltimore real estate highlights an exciting new development: Dataology Vice President Salil Choudhary plans to open a social club called the DeBug Club for tech executives and entrepreneurs at the historic property at 1301 N. Charles St. in Baltimore’s Mount Vernon neighborhood, The Baltimore Business Journal reports. Choudhary purchased the building, known as the Haliburton or Charles Royal Building, for $1.1M and plans to open the club in April. SALES Baltimore real estate highlights a notable property sale: An 18-unit portfolio of Mount Vernon multifamily properties at 1225 and 1015 N. Calvert St. has sold for an undisclosed price, according to Midfield Realty’s Yaakov Kanevsky, who represented the seller along with Mendel Dalfin. According to property records, ABC Real Estate Partners sold 1225 N. Calvert to 1225 N Calvert LLC for $715K earlier this month. The state hasn’t updated property records for 1015 N. Calvert St. to reflect the most recent sale, but the property last sold for $1.9M in 2014. PERSONNEL Baltimore real estate highlights personnel updates: MacKenzie Commercial Real Estate Services, the MacKenzie Cos.’ full-service brokerage division, has promoted Tim Harrington to vice president. Harrington, a 14-year industry veteran, joined MacKenzie in 2020 and previously served as a senior real estate advisor. Armada Hoffler’s board of directors named Chief Operating Officer Shawn Tibbetts president and expects him to take on the CEO role when Louis Haddad retires in spring 2025. Virginia-based Armada Hoffler holds a $1B investment in Baltimore’s Harbor Point via a joint venture with Beatty Development Group. MacKenzie Commercial Real Estate Services has also promoted Morgan Wimbrow to senior real estate advisor. Wimbrow joined the firm in 2019 and most recently worked as a real estate advisor. Before joining MacKenzie, Wimbrow worked as a finance assistant in former Gov. Larry Hogan’s administration and as a development coordinator for the JDRF diabetes foundation’s Capital Chapter. Contact Adam Bednar at  at adam.bednar@bisnow.com

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Mount Vernon’s Renaissance: Midfield Realty Secures Successful Sale of 18-Unit Portfolio | citybiz

Mount Vernon’s Renaissance: Midfield Realty Secures Successful Sale of 18-Unit Portfolio   Multifamily Investment Success in Baltimore’s Real Estate Market   In a significant boost to Mount Vernon’s real estate landscape, Midfield Realty, a leading commercial real estate broker in Baltimore, led by Yaakov Kanevsky and Mendel Dalfin, has successfully orchestrated the sale of an 18-unit multifamily portfolio. This historic district in Baltimore, MD, renowned for its charm and strategic location near prestigious institutions like Peabody of Johns Hopkins and Baltimore University, is experiencing a remarkable renaissance. The recently closed deal not only marks a pivotal moment for the local real estate investor community but also highlights the area’s growing appeal for multifamily investments and commercial real estate development. The district’s unique historic charm, coupled with its proximity to esteemed colleges, has positioned Mount Vernon as a premier investment hub for those seeking opportunities in multifamily brokerage in Maryland. Midfield Realty, a trusted Commercial Real Estate Broker in Baltimore, actively engaged with the local community, receiving 34 prospective offers for the property. This strategic and thorough approach ensured the selected buyer not only met the seller’s needs but also aligned with the long-term vision for sustainable growth in the neighborhood. The successful closure of this 18-unit portfolio sale underscores the collaborative efforts of Midfield Realty as a top-tier commercial real estate brokerage firm in Baltimore. Their expertise in multifamily investments and commitment to fostering local growth continue to shape Baltimore’s real estate market. As Mount Vernon thrives, such strategic transactions contribute to the positive trajectory of the community’s real estate landscape.

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Midfield Realty Unveils Exclusive Portfolio Near Johns Hopkins University

  Midfield Realty, a leading commercial real estate brokerage firm in Baltimore, led by Mendel Dalfin and Yaakov Kanevsky, proudly unveils an exceptional multifamily investment portfolio strategically positioned near Johns Hopkins University. The area has experienced significant real estate portfolio growth, driven by Johns Hopkins University and surrounding commercial real estate activity. The recent surge in demand creates unique opportunities for investors seeking units apartment buildings for sale in Baltimore city. Positioned near the second-ranked medical school, as highlighted by CNBC, this offering aligns with emerging investment property acquisition Baltimore trends. Why Invest with Midfield Realty? Strategic Location: These properties are in close proximity to Johns Hopkins University, a focal point of Baltimore’s vibrant real estate market. This location benefits from the spillover effects of the university’s expansion, attracting potential investors and residents alike. Proven Success in Multifamily Brokerage: Midfield Realty has successfully brokered similar deals, including the recent sale of a 36-unit property near Morgan State University. This further strengthens its position as a trusted real estate brokerage firm in Baltimore. Long-Term Value: Baltimore is quickly evolving into a hub for real estate opportunities. Properties near prominent institutions like Johns Hopkins University and Morgan State University promise immediate returns and long-term growth in a dynamic market. Midfield Realty’s extensive expertise as a commercial real estate broker ensures clients benefit from unparalleled insights into Baltimore’s real estate sector, including financing opportunities and strategic property acquisitions. Contact Midfield Realty today to discover premier multifamily investment opportunities in Baltimore and unlock the full potential of your real estate investments.

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