Wednesday, 17 April 2019

Stanley Janofsky, who sold real estate, dies

Stanley Janofsky loved puns and wordplay, a grandson recalls.

Stanley Janofsky, who sold homes and became a real estate office manager, died of a heart attack March 29 at Gilchrist Hospice Care in Towson. The Pikesville resident was 85.

Born in Baltimore and raised on Burleith Avenue in Liberty Heights, he was the son of Morton Janofsky, a member of a family real estate firm, and his wife, Ray Rand, a homemaker.

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He was a 1952 graduate of Forest Park High School. After Forest Park, he met his future wife, Elaine Kerr. They saw each other at a Northwest Baltimore gathering spot, Paul’s Delicatessen. He asked friends who she was, and they soon began dating.

“He had such pretty, big blue eyes,” said his wife. “I went home that day and told my mother about him.” They married in 1954.

He received a bachelor’s degree in 1956 from the University of Maryland, College Park. He was a member of the Tau Epsilon Phi fraternity.

He joined Mal Sherman Realty on Glengyle Avenue in the Falstaff community as a salesman.

Mr. Janofsky was involved in the 1964 acquisition of the Wilgis property, 50 acres of land on Mt. Wilson Lane, by Ner Israel Rabbinical College.

He continued in sales at Dick Diener Realty. He went on to become an office manager at the old Charles H. Steffey Realtors, Magill Yerman Realtors and O’Connor Piper and Flynn Realtors. He retired in 2010.

“Stanley was a wonderful human being,” said Michael Yerman, a real estate executive friend with whom he worked. “He had great skills with people and was a terrific office manager. He had an impressive knowledge of contract law.”

He was active in the Pikesville Chamber of Commerce and was a past president of the Realtors Million Dollar Association.

“He was my manager, my mentor, and he and his wife became my good friends. Stan was very knowledgeable in the real estate industry. Northwest Baltimore was his main area of expertise” said Ilene Becker, a Baltimore resident who sells real estate. “He was good at helping agents close a transaction when the deal was going to fall apart. He could move a difficult deal on to the settlement table. He knew contracts well. He was pleasant and warm. He could also be detail-oriented but in a helpful way.”

“It was’t unusual for Stanley to invite an out-of-town buyer over for dinner and spend the night after showing houses all day,” said his wife. “Real estate was in his blood.”

Mr. Janofsky was a dog fancier and vegetable gardener. When visiting a real estate client, he occasionally found pieces of unwanted furniture in a basement. He refinished these old ice chests, tables and chairs and furnished an apartment for one of his children.

“My grandfather was great with numbers and he loved wordplay,” said a grandson, Jaron Shaul of Baltimore. “He loved puns. I was amazed with how quickly he could spell any word backwards. He was a calming presence. He was a man of honesty, integrity and kindness.”

Another grandson recalled his grandfather’s personality.

“He was nonconfrontational man,” said his grandson, Daniel Shaul of Greenspring Valley, “He was accepting of the choices other persons made in their lives. He and my grandmother would always buy my brother and I identical gifts so there would not be any conflict even though we would have been happy to share gifts. He was punctual and precise. As a child, he took me to see the houses he was selling. He also took me to his office to watch him in action. He had one first computers with an internet connection I ever saw. He exposed me to technology at a very young age.”

Survivors include his wife of more than 64 years, Elaine Kerr; a son, Steve Janofsky of Sudbrook Park; a daughter, Ellen Janofsky of Pikesville; a brother, Arthur Janofsky of Boynton Beach, Fla.; a sister, Jane Rosoff of Naples, Fla.; three grandchildren; and a great granddaughter.

Services were held April 1 at Sol Levinson and Brothers.

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Tuesday, 9 April 2019

Massive former Martin Aircraft plant in Middle River to be sold to Baltimore real estate developer

A rendering of Aviation Station, Blue Ocean’s plan to repurpose the massive former Martin Aircraft plant in Middle River. (Blue Ocean Realty)

Blue Ocean, a Baltimore-based real estate firm, announced plans this week to buy and redevelop the massive former Martin Aircraft manufacturing plant in Middle River.

Blue Ocean said it has a contract to buy the 1.9 million-square-foot structure that sprawls across 49 acres adjacent to Martin State Airport at the intersection of White Marsh and Eastern boulevards.

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While the company said it still is developing plans, it aims to “breathe new life” into the moribund property known as Middle River Depot by rebranding it as “Aviation Station.” It intends to improve the historic property for other uses besides industrial and recreational.

Martin Aircraft produced the B-26 Marauder bomber at the plant during World War II, employing as many as 50,000 people in the plant.

Terms of the deal were not disclosed. The state values the property for tax purposes at $9 million.

It last changed hands in 2007 when the federal government sold the property for $37.5 million to Middle River Station Development LLC. Representatives for that company could not be reached.

“By reinvesting in this historic site, we can ignite the economic potential of this property and continue to expand opportunity across the Middle River community,” said Baltimore County Executive Johnny Olszewski in a statement.

A number of ideas have been floated for the property over the years, including redeveloping it as a Super Walmart, as an indoor sport and fitness facility, as a music venue and as a mixed-use project.

The sale would nearly double the size of Blue Ocean’s commercial portfolio. Its 25-property portfolio has about 2 million square feet of commercial real estate as well as 3,300 apartments, according to its website. This is a big step for a company best known previously for a controversial proposal to develop apartments in North Roland Park in Baltimore.

Baltimore County Councilwoman Cathy Bevins, who represents the area, welcomed the pending sale.

“The property has been an eyesore for years and the community deserves better.” she said in a statement.

“This is a great opportunity to bring more jobs and positive investment to Middle River.”

The property, located next to the MARC commuter train station, was designated last year as an Opportunity Zone, a big new federal tax break included in last year’s tax reform that offers a break on capital gains taxes for new investment in such zones.

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Sunday, 31 March 2019

State, Local Officials Tour Laurel Park Dormitories, Call For New Housing

LAUREL, Md. (AP) — State and local officials say new housing is needed for workers at Laurel Park racetrack after touring the dormitories.

Anne Arundel County Executive Steuart Pittman and state Delegate Nick Mosby, a Democrat from Baltimore, toured the dormitories at Laurel Friday in response to concerns about their level of disrepair.

News outletsreport that both Pittman and Mosby said after touring the dorms that they need to be replaced.

The Stronach Group, which owns the track, said it hopes to have a new barn with 115 dorms completed by the end of the year.

There are 72 older dorms for track workers at Laurel, which are free for those who live in them. Workers who live in 40 newer, apartment-style units pay $150 to $200 a month in rent.

Follow @CBSBaltimore on Twitter and like WJZ-TV | CBS Baltimore on Facebook

(© Copyright 2017 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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Saturday, 23 March 2019

Adam Jones Selling Massive Maryland Estate He Bought from Cal Ripken Jr.

Photo: Rob Carr/Getty Images

Outfielder Adam Jones has spread his wings and flown away from the Baltimore Orioles. As a result, he’s placed his estate in Reisterstown, MD, on the market for $3.995 million.

The sprawling 24-acre property with a 21,890-square-foot main house was previously the property of Hall of Fame shortstop Cal Ripken Jr. Jones emerged as the winning bidder for the massive estate in an auction just last year.

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Ripken had originally placed the compound on the market for $12.5 million in 2016. Striking out on a sale, the Hall of Famer placed the home in a no-reserve auction, where fellow big leaguer Jones picked it up for a reported $3.465 million.

And that wasn’t the only real estate move Jones made last year. Shortly after winning Ripken’s regal spread, the 33-year-old placed his suburban Maryland mansion in on the market for a hefty $2.7 million. That property is now off market, and Jones is still listed as the owner.

Now that the Ripken estate finds itself available again, perhaps some other Orioles may flock to take a look at the home. It’s built for a major-league ballplayer.

Adam Jones lists estate on over 24 acres.
Living room and dining room
Chef’s kitchen
Master suite
Lower-level family room
Indoor sport court
Pool and poolhouse

Ripken purchased the land in 1984, built the home in 1987, and renovated it in the late 1990s. The layout features plenty of perks a big leaguer would appreciate.

The gated estate offers an attached sports complex with an indoor basketball court, gym, locker room, and batting cage, as well as a hydrotherapy and shower room.

The grounds include a large pond, a pool with spa and poolhouse, and two garages. Plus, fans of the national pastime will appreciate the regulation baseball diamond that completes the offering.

Indoors, the layout includes six bedrooms, 15 bathrooms, with gathering and entertainment rooms, a chef’s kitchen, and a main-level master suite with two dressing rooms and two master baths. Guests or family members can easily be invited to stay, given that there are five more bedroom suites, two with full kitchens and separate entries. Entertainment features on the lower level include a home theater, a bar, and a media room.

As great as this property sounds, it was destined to sit empty after Jones signed a one-year contract with the Arizona Diamondbacks. His desert migration has led to his attempt to do a quick flip of the home after owning it for less than a year.

Previously, the San Diego native played with the Orioles from 2008-2018. The five-time All Star has earned four Gold Gloves and a Silver Slugger Award.

Karen Hubble Bisbee holds the listing.

The post Adam Jones Selling Massive Maryland Estate He Bought from Cal Ripken Jr. appeared first on Real Estate News & Insights | realtor.com®.

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Friday, 15 March 2019

Train derailment reported near Howard Street in Baltimore, fire officials say

A train has derailed in Baltimore City, according to a fire department spokeswoman.

The derailed happened somewhere near Howard Street, said spokeswoman Blair Adams.

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This story will be updated.

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Thursday, 7 March 2019

Decomposing body found in Mount Vernon apartment building, Baltimore police say

The decomposing body of a 64-year-old man was found in an apartment in Mount Vernon on Tuesday, Baltimore police said.

The man’s name was not released. His body was found with no signs of trauma in a third-floor apartment at 6 East Read Street about 9:38 a.m., police said. The body was taken to the medical examiner’s office for an autopsy to determine the cause of death.

It wasn’t immediately clear how long the man had been dead, but “the body had started to decompose,” Detective Chakia Fennoy, a police spokeswoman, wrote in an email.

A tenant on the third floor reported a foul odor in the hallway last week, but maintenance staff did not smell it when they came for a check, said Melody Fairchild, assistant property manager for American Management, which manages 6 East Read.

‘Everybody loved her’: Woman whose body was found in Baltimore’s Inner Harbor was 25-year-old Federal Hill resident

“We checked it out. We didn’t find any smell,” Fairchild said. “There was no cause for concern.”

Then, on Tuesday morning, management received another complaint and maintenance staff knocked on all the doors on the floor, she said.

“We did wellness checks on all the apartments, and that’s when we discovered the body,” Fairchild said.

However, a photo posted on social media of a flier hanging in the building said that residents had made “many complaints” for weeks to management about an odor, and claimed “they allowed this issue to go unresolved.”

Fairchild was matter-of-fact about the experience of finding one of the building’s tenants dead inside an apartment. American Management has nearly 800 units spread around the city, she said.

“Unfortunately death is part of life, and tenants die, so it’s not a first time experience for us,” Fairchild said.

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Wednesday, 27 February 2019

New Ronald McDonald House heart lights up Baltimore’s skyline

The 26-foot heart above the new Ronald McDonald House scheduled to open this Spring was illuminated on Feb. 26, 2019. The new house will be located in the Jonestown neighborhood. (Ronald McDonald House Charities)

If you “heart” anything about the Ronald McDonald House Charities that provides housing for seriously ill or injured children — and who doesn’t? — you might find your own ticker giving an approving thump at the newest addition to Baltimore’s skyline.

A 26-foot tall red heart that sits above the $30 million, 60,000 square foot House being built in the Jonestown neighborhood officially was lit up Monday night, signalling that the new facility, which will accommodate up to 2,200 families annually, or double the amount that can squeeze into the current House, is one step nearer completion.

When it is completed later this Spring, the impressive new facility at 1 Aisquith St. will include such amenities as 54 guest rooms, a meditation space, a kitchen and dining room, a family business center with computers and printers and a kids-only “magic room.”

The current building at 635 W. Lexington Ave. is the only Ronald McDonald House in Maryland and has provided shelter for more than 35,000 families since it opened in 1982, the release said. But, it’s simply too small to keep up with the demand.

Charity administrators are eager to get off on the right foot with their new neighbors. The release said the organization will improve nearby McKim Park for the use of Jonestown residents by building a new basketball court and playground and by sprucing up the green space.

“After years of planning and fundraising, we are thrilled that construction is almost completed and our dream … will soon be a reality,” Sandy Pagnotti, president and CEO of the Maryland charity said in the release. “We will double our capacity to serve families in crisis who come to Baltimore in search of hope and care at our world class medical institutions.”

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Tuesday, 19 February 2019

Baltimore program turns vacant public housing apartments into homes for chronically homeless families

Diamond Christy moved into Douglass Homes with her two children in a pilot program that takes empty housing units, renovates them, and moves the most vulnerable families into them. (Kim Hairston, Baltimore Sun video)

Baltimore’s latest effort to get the most vulnerable families into permanent housing and off the streets, out of shelters and no longer couch surfing involves an obvious solution: pairing them up with vacant apartments in the city’s public housing complexes that have sat empty amid a shortage of federal dollars to fix them up.

The Housing Authority of Baltimore launched a new program with the Mayor’s Office of Human Services and Health Care for the Homeless to place up to 50 chronically homeless families into the units that have been in need of repair. To start, a dozen families will be selected to move into newly refurbished apartments by pooling $500,000 between the agencies.

“The Housing Plus Pilot program is designed to make an immediate impact on the huge issue of homelessness in our city,” said Janet Abrahams, executive director of Baltimore’s Housing Authority. “These homes represent our contribution to joining with the city in collectively addressing the crisis.”

Diamond Christy and her 1-year-old son and 7-year-old daughter were among the first families placed in a home. She got the keys to their new apartment in East Baltimore’s Douglass Homes late last year.

Christy, 23, grew up in Edgewood but lost a place to live when her grandmother’s home went into foreclosure and a relative’s home got too crowded. In September, she moved into a shelter in a church basement in Baltimore with her son and left her daughter with family so the girl could stay in her school.

“I didn’t have anywhere to go,” Christy said. “I found a shelter, and said I was going to make the best out of it. It was a big, old room full of beds and women and children. I was really determined to get out of there.”

Christy, who recently found a job in a hair salon with a goal of going to college to study business management, heard about the new housing program and applied after about three months in the shelter.

She said she was overwhelmed by her new place: fresh paint, clean floors, a kitchen with cherry cabinets and new appliances — and the chance to be reunited with her daughter.

“It felt good to be in a place of my own, safe and secure for my kids and myself,” Christy said. “I can go to sleep with peace of mind.”

Abrahams, who was hired about a year and a half ago, said she came up with the idea after a strategy session with her staff.

Together, the housing authority and the mayor’s office are splitting the cost of the program, drawing, in part, on community development block grants from the U.S. Department of Housing and Urban Development. Abrahams said it is unclear how much the program will cost as it grows to serve 50 families, because it will depend on how much it costs to renovate the empty public housing units.

The maintenance backlog at the city’s public housing complexes runs into the hundreds of millions of dollars. At least 150 units are estimated to be empty, but an exact number wasn’t available Wednesday. The housing authority’s average vacancy rate is less than 4 percent across the 10 complexes it operates.

The families are being selected through a screening system used by city outreach workers and advocates to determine how vulnerable a homeless person or family is, including their risk of preventable death on the streets. The screening process identifies what services they need to live independently. Case managers from Health Care for the Homeless will work to make sure the families stay on their feet.

Under the program, the families will move into complexes including the 400-unit Douglass Homes, the 700-unit Latrobe Homes and the 1,400-unit Cherry Hill Homes. In public housing, families must pay 30 percent of their incomes toward rent.

The housing authority also provides 700 vouchers to house homeless people in Section 8 properties.

Kevin Lindamood, director of Health Care for the Homeless, said the program — leaning on a public-private partnership — is a creative solution in a tough climate for public housing authorities that have seen dramatic disinvestment from the federal government.

“It’s a shame to have public housing units that our community owns but aren’t habitable because there haven’t been resources to renovate them,” Lindamood said. “By creatively identifying resources, we can end homelessness for more families.”

Terry Hickey, director of the Mayor’s Office of Human Services, said the new program is among many efforts underway to serve the approximately 2,500 men, women and children who are homeless in Baltimore. The number is expected to be updated soon as the city awaits the results of a count of homeless people staying in shelters and on the streets on a single night in January.

Hickey’s office also is looking to rewrite contracts with service providers to require they help transition people from emergency shelters to temporary or permanent housing more quickly. Some people have been living in city shelters for years when a stay should really be 90 days or less, Jerrianne Anthony, who leads homeless services for the city, told council members at a luncheon this week.

“We can’t get vulnerable people who are on our streets into our shelters if you have people who have been there for 5, 6, 7 years,” Anthony said. “It should not be a maze for them to access shelter. We have to make it easier for them. They are already in crisis. They are experiencing a lot of trauma.”

Many like 30-year-old Cardi Searcy did not know where they would sleep Wednesday.

Searcy said to avoid the snow, freezing rain and blustery cold, she has spent the last week staying in abandoned houses — worried she will be bitten by an animal, caught by authorities or worse — after fleeing a situation with a roommate that had become dangerous.

She said has been turned away from shelters because she does not want to give up her dog Queen, a 3-year-old pit bull mix that Searcy said has saved her from being attacked. She said she has a job lined up at a pizza shop but needs to sort out her housing situation first.

“I haven’t really been stable,” Searcy said. “I was stable at one point.

“My dog … she is all I got.”

Baltimore Sun reporter Ian Duncan contributed to this report.

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Monday, 11 February 2019

Maryland receives $53.3 million from HUD to help the homeless

Maryland has received $53.3 million from the U.S. Department of Housing and Urban Development to help the homeless, the federal agency announced Friday.

“Local communities in Maryland are on the front lines, working day in and day out to reduce homelessness,” Joe DeFelice, HUD’s Mid-Atlantic regional administrator, said in a statement. “I’m pleased we can bolster their efforts by renewing support to 143 existing programs and funding 20 new, promising projects.”

The money, in the form of Continuum of Care Program grants, will support a range of interventions designed to help those who are homeless or at risk of homelessness with emergency shelter and transitional and permanent housing.

As death of woman who helped panhandler gets national attention, Baltimore homeless see decline in generosity

Among area groups to receive funding are Behavioral Health System Baltimore, $4.1 million; Project PLASE, whose four grants totaled close to $3.4 million; the AIRS Shelter Plus Care program, which was awarded more than $1.5 million; House of Ruth, whose two grants came to about $1.5 million, and Health Care for the Homeless, which received more than $1.1 million.

Last month, HUD announced nearly $2 billion in funding to thousands of homeless assistance programs across the country.

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Sunday, 3 February 2019

‘Chili Bowl Sunday’ feeds hundreds of homeless in Baltimore

Chili Bowl Sunday founder, Asma Hanif, right, assists Charles Callahan, 67, by holding his bowl of chili as a volunteer offers water, at the annual event held near the Fallsway underpass. (Amy Davis / Baltimore Sun)

Smelling the chili in the air, the homeless along Fallsway in Baltimore quickly queued up.

Beyond 10 steaming aluminum trays of chili, volunteers loaded tables on the sidewalk with a bounty of cornbread, bagels, hot dogs, snack bags and other food for hundreds of people who stopped by the “Chili Bowl Sunday” this weekend. Attendees also were offered toiletries, clothes and medical services.

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The chili was meaty, hot and a little spicy, just the way Keith Alexander likes it — although “not as spicy as I used to like,” he said. “I’m getting older.”

The 54-year-old has been struggling to reclaim his house in Cedonia, on the northeast side of the city, since last summer. Sunday’s hot meal, provided by Inge Benevolent Ministries, put a smile on his face and God’s praise on his lips.

“God is so good,” Alexander said. “The simple things mean a lot. This is what life is supposed to be about. … To God be the glory.”

The food giveaway began in Atlanta about 25 years ago as a way for Asma Hanif to encourage her children to spend part of Super Bowl Sunday volunteering, she said.

It subsequently moved with them to Baltimore and expanded, said Hanif, executive director of Inge Benevolent Ministries, a shelter and center for victims of domestic violence in Northwest Baltimore.

“I thought [watching the game] was a colossal use of time,” Hanif said. “I wanted my children to go out and do something, and you can’t really mess up chili,” Hanif said.

While many people brought their own food donations, the event is a family affair for Hanif.

Her ministry is named after her father, J.T. Inge, who was awarded a Congressional Gold Medal for serving as one of the first black Marines in the 1940s. Her daughter, Aliyah Inge-Hanif Wilson, 25, has participated in the chili giveaway since she was a child and has helped organize it since she was old enough.

“As a human, this is just what you’re supposed to do,” Wilson said. “We’re here in the community. We have to be part of the community.”

City Councilman Kristerfer Burnett and his mother, Elraine Burnett, were on chili duty in their fourth year participating in the event.

“We’re here making sure people get a good meal,” the councilman said, ladling it into Styrofoam bowls for those in line. “It’s what Baltimore’s all about.”

Akeda Pearson, a board member of Inge Benevolent Ministries, pointed out the volunteers enjoying the food with those they were serving.

“They eat chili, we eat chili,” she said. “We break bread together. Just because people are not experiencing their best life today doesn’t mean they don’t have someone to care for them.”

“This is a form of worship,” Pearson added. “No walls — we’re ministering to people.”

Aboard a pair of shuttle buses at the curb, Amerigroup offered free blood-pressure and HIV screenings, as well as winter clothing and other items.

“When you bring the services to them, you see a better turnout,” said Nykol Mariano, an Amerigroup community relations representative. “It’s a one-stop-shop for food, clothing and heath screenings.”

Stewart Jones, 56, was homeless until getting an apartment on Maryland Avenue a few months ago. He followed his nose from St. Vincent de Paul Church nearby and rolled his wheelchair to the chili giveaway, near the corner of Fallsway and Centre Street.

Jones had a mix of two kinds of chili in his bowl. His review was nothing short of five stars.

“It tastes like it should be in Atlanta at the Super Bowl,” he said. “This is football chili. It really is.”

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Saturday, 26 January 2019

Fleetwood Mac Coming To Baltimore In March

From Ticket Network

BALTIMORE, MD — Supergroup Fleetwood Mac will perform in concert as they continue their North American tour with a March 24 stop at Royal Farms Arena in Baltimore.

This American-British rock band has been performing since 1967. Over the years they’ve sold over 100 million records, which makes them one of the best-selling bands in the world.

In 1998 band members were inducted into the Rock and Roll Hall of Fame. And if that isn’t enough to tell you what a fan-favorite they are, maybe this will. Fleetwood Mac has won an American Music Award four times.

Fleetwood Mac loves to perform live, and they’ve been doing it for years. Now they’re performing 54 concerts in North America alone.

The tour may be considered their farewell tour, but as with all musicians, only time will tell. And fans certainly hope this won’t be the last they see of Fleetwood Mac on the stage. Even Christine McVie hints that this is no farewell, "The 2018 tour is supposed to be a farewell tour, but you take farewell tours one at a time. Somehow we always come together, this unit. We can feel it ourselves."

Click here for tickets. Use the promo code "PATCHTICKETS10" for 10 percent off all tickets.

The first concert of the tour began in November 2018, with concerts continuing through 2019. The jam packed tour includes venues around the country – South Dakota, Texas, Alabama, Louisiana, Florida, North and South Carolina, and on up into Canada. Their final North American date is April 15 in Calgary, Alberta.

The lineup of songs is precise, with each song selected for a reason. As Fleetwood says, "There’s not going to be 60 songs in a show. What we’ve found is a lovely vibrant show, presenting the band as it is now. What we’re also enjoying is going back and giving some sense from whence we have come." Poetic words from a musician – get ready to see Fleetwood Mac give one of their best performances.

Ticket Network is a Patch promotional partner

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Friday, 18 January 2019

Kamala Harris picks Baltimore as site for headquarters for potential presidential campaign

In this photo taken on Sept. 28, 2018, U.S. Sen. Kamala Harris, a Democrat from California and member of the Senate Judiciary Committee, speaks with survivors of sexual assault in Washington. (SAUL LOEB / AFP/Getty Images)

U.S. Sen. Kamala Harris has selected Baltimore for her campaign headquarters if she runs for president, as expected, in 2020, according to sources familiar with the California Democrat’s plans.

Harris picked Baltimore because of its diversity, its proximity to Washington and because it is in the Eastern time zone, the sources said, who requested anonymity because Harris has not yet announced her plans.

An announcement on her candidacy is expected soon. Harris’ Senate office declined to comment on her plans, including the selection of Baltimore.

One of the sources, who is close to the potential campaign, said the location of nearby Thurgood Marshall BWI Airport was also a plus because of its cross-country flights to Harris’ home state.

Harris has made occasional appearances in Maryland politics, most recently endorsing Ben Jealous this summer during his unsuccessful gubernatorial campaign. She also appeared in 2017 at the NAACP convention in Baltimore, where she called for national reform of cash bail and other criminal justice issues.

Harris, 54, was elected in 2016 to the Senate. She served as attorney general of California from 2011 to 2017.

She would join what is expected to be a broad Democratic field that already includes U.S. Sen. Elizabeth Warren of Massachusetts, U.S. Sen. Kirsten Gillibrand of New York, former U.S. Housing and Urban Development Secretary Julián Castro and former Maryland Rep. John Delaney.

Baltimore Sun reporter Ian Duncan contributed to this article.

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Thursday, 10 January 2019

Real Estate Investments in Baltimore Have Been Proven to be Profitable, Expert Says

Baltimore, MD – For the past decade Baltimore, Maryland has proven to be a profitable city for real estate investing. Whether a person is trying to stabilize their retirement portfolio, generate passive income or a new career, real estate investing in Baltimore is a great option. While real estate can be profitable there are a handful of barriers. For instance, a person may not want to manage the property. They may not have the expertise or time to collect rent or maintain the problem. Baltimore real estate can outperform stocks but it can be a hands on investment.

“The difficulty with Baltimore real estate investments is management at scale,” says Evan Roberts, a home buying expert with Dependable Homebuyers. “Baltimore has a surplus of distressed inventory that is waiting for someone to make money with. It is really a great time to roll your sleeves up and get your hands dirty.”

Real estate investors like Dependable Homebuyers buys houses in Baltimore directly from homeowners. They then leverage professional property managers to grow their portfolios. “The trick is to build a team of professionals. Everyone has their own expertise that can ensure your investment strategy is properly executed,” explains Mr. Roberts.

A person may not know what type of real estate to invest their money. This is another easily solved problem. Most people automatically think of traditional rentals. This is one of the most profitable investments because people can make money as a landlord or real estate investor.

Another popular real estate investment option is real estate the investor buys, rehabs and sells. It is a good real estate investment strategy because some people can make money fast. However, fix-and-flip investments require some expert level real estate knowledge. This can even be done with historic properties as described in the article at https://www.pressadvantage.com/story/24073-dependable-homebuyers-featured-on-nextcity-org-for-purchasing-historic-homes-in-baltimore.

Real estate investment properties can generate repeated short-term income by listing them on vacation property sites. An investor who doesn’t feel comfortable renting out the property. Thus, they hire a management company to do the work for them. This can save money in the long run since less mistakes will be made with a professional overseeing the operation.

Some Baltimore investors may view real estate wholesaling as extremely profitable. Real estate wholesaling is similar to fix-and-flops and is applied to commercial and residential properties. A real estate investor contracts with a property seller. They assign the contract to a buyer. The trick is for the buying price to be higher than the asking price. The difference in the buying and selling price is how the investor makes money. Unlike a fix-and-flip, the investor doesn’t rehab the property. The investor only pays minimal financing to cover their operational expenses. This approach is more about investing your time and labor than it is about investing cash.

Commercial real estate in Baltimore is another traditional and popular investment option. It is popular because it can yield a high profit. The profit is often better than an investment return in residential rentals. An investor is less likely to incur issues with late payments with a business renting a space.

Whether the person is an experienced or a new real estate investor, they are looking for the most profitable real estate options. The goal of investing is to make money. A real estate investment company is always a good option to help buy, maintain or sell property. They will allow an individual to focus on making money.

Those who would like to learn more about real estate investing can contact Dependable Homebuyers at https://docs.google.com/forms/d/e/1FAIpQLSdkM0aZ2tz_UXOyh8dMoaTHBKA3ZYL5myUOf022mgV9XIaBZg/viewform.

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For more information about Dependable Homebuyers Baltimore, contact the company here:

Dependable Homebuyers Baltimore
Evan Roberts
(443) 266-6247
evan@dependablehomebuyers.com
1402 Belt St, Baltimore, MD 21230

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