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Tuesday, 26 March 2002

Mid-Atlantic Digest (3/27/02): Md. Landowner Seeks End to Zoning Saga

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March 27, 2002

Seeking end to zoning saga
The Baltimore Sun

BALTIMORE – Years of debate have kept a 54-acre property languishing while a mixed-use solution has been sought for the land. Owner Les Belcher hopes to sell the land on Bestgate Road near Annapolis for millions of dollars, but he knows firsthand the strange saga of the property, a prime piece of undeveloped real estate near Westfield Shoppingtown that should have sold for a tidy sum about a decade ago. Instead, whispers of sweetheart deals between a team of prospective developers and county officials resulted in an FBI probe, and a costly court battle and a protracted rezoning process have further tested Belcher's patience. Belcher is hopeful that the Maryland Court of Appeals could grant him the commercial zoning he has long sought for the front section of the Bestgate site, but he said regardless of the outcome, he will sell the land to Erwin L. Greenberg & Associates of Baltimore and Robert and Michael DeStefano of Sturbridge Homes of Annapolis.


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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Mid-Atlantic Regional Digest (MADIG)
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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

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