Market Trends(28) 

Briefly NotedHospitality — Hotel transactions are down 48 percent from 2006’s peak activity with only 668 deals closing by the end of 3Q08, according to Lodging Econometrics. Average sales price per room for properties larger than 200 rooms is $115,030,

Regional Outlook(27) 

EASTLuxury Development Comes to BaltimoreThe Bozzuto Group has secured $75 million to develop the Fitzgerald at UB Midtown in Baltimore. Located in the city’s Cultural District, the mixed use community will occupy 4.6 acres of land owned by the University