FirstService Residential Selected to Manage Scarlett Place Condominium in Baltimore
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. Baltimore office bidding has been concentrated in deeply repriced trophy product. Healthcare and port-logistics industrial continue to attract value-add capital. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
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On the RET wire
- The fifth Baltimore story tracked on the wire in November 2026. All Baltimore coverage →
Computed from Real Estate Trail’s own tracked coverage
BALTIMORE, Nov. 5, 2026 /PRNewswire/ -- FirstService Residential, the leading residential community management company, is pleased to announce that it has been selected to provide full-service property management serv…
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