Baltimore Checkbook

Bethesda medical real estate investment firm sets...

http://baltimorecheckbook.tumblr.com/post/146415789042/bethesda-medical-real-estate-investment-firm-sets#_=_

Global Medical REIT, a health care facilities real estate investment trust based in Bethesda, plans to raise at least $100 million in an initial public offering. The company, which has a portfolio of 12 facilities, said it plans to offer 9.1 million shares of common stock and expects the public offering price of the shares to be between $10 and $12 per share. The company said it will list on the New York Stock Exchange under the symbol GMR. It is expected to price next week. Wunderlich Securities…

Booze & books! Barnes & Noble to serve beer & wine

http://baltimorecheckbook.tumblr.com/post/146414957357/booze-books-barnes-noble-to-serve-beer-wine#_=_

Take that, Amazon! Barnes & Noble hopes that booze will lure book lovers back to its stores.



from http://www.wbaltv.com/money/booze-books-barnes-noble-to-serve-beer-wine/40210444

Trump on Brexit: America is next

http://baltimorecheckbook.tumblr.com/post/146414956972/trump-on-brexit-america-is-next#_=_

British voters just shattered political convention in a stunning repudiation of the ruling establishment. Donald Trump is betting America is about to do the same.



from http://www.wbaltv.com/politics/trump-on-brexit-america-is-next/40206460

Baltimore nonprofits say minimum wage hike could...

http://baltimorecheckbook.tumblr.com/post/146414161712/baltimore-nonprofits-say-minimum-wage-hike-could#_=_

Local nonprofit organizations say they are not opposed to a minimum wage increase in Baltimore. But if government funding for nonprofits does not also increase, they worry they may have to cut services or pull out of the city. There are 3,230 nonprofits in Baltimore City employing about 90,000 people and rely heavily on state and federal funding. With little monetary leeway, the organizations say they may not be able to handle an increase in wages for workers without help. Kathleen Durkin, executive…

Columbia firm raises $4.4M, looks to bring window...

http://baltimorecheckbook.tumblr.com/post/146414161347/columbia-firm-raises-44m-looks-to-bring-window#_=_

A Columbia firm hopes a fresh funding round will help it bring electricity-generating coating for windows to market by 2017. SolarWindow Technologies Inc. said Thursday it received nearly $4.4 million from 28 investors, 15 of whom were already existing shareholders. The funds were raised through a private placement offering of common stock. SolarWindow (OTCQB: WNDW) is developing transparent coatings for glass and flexible plastic windows that use natural or artificial light to generate energy…

Retail, restaurants eyed for vacant Hopkins Plaza...

http://baltimorecheckbook.tumblr.com/post/146414160742/retail-restaurants-eyed-for-vacant-hopkins-plaza#_=_

The owners of 2 Hopkins Plaza, set to be revived with a mix of office space and apartments, are looking to bring retail and restaurants to an adjacent pavilion building. Located at 10 Hopkins Plaza, the 25,000-square-foot property is fully vacant and was last occupied by Kaiser Permanente. Berman Enterprises of Rockville acquired the site as part of its purchase of 2 Hopkins Plaza last fall. Kevin Berman, a vice president at Berman Enterprises, said upgrades to the building will depend on the…

Hooters moving in August to former Harborplace...

http://baltimorecheckbook.tumblr.com/post/146414161042/hooters-moving-in-august-to-former-harborplace#_=_

It took longer than expected, but Hooters at Harborplace will have a new home come August. The BBJ reported last summer that Hooters was moving from its longtime space on the second floor of the Light Street Pavilion to the first floor of the same building. An exact space wasn’t announced at that time, but the company has filed to transfer its liquor license from the current location in suite 173 to suite 1445 on the main floor. The request will be heard during the June 30 Baltimore liquor board…

U.K. backs Brexit. Here's how it could impact you.

http://baltimorecheckbook.tumblr.com/post/146414159932/uk-backs-brexit-heres-how-it-could-impact-you#_=_

The United Kingdom voted Thursday to leave the European Union. It was a stunning decision. Prime Minister David Cameron, who led the campaign to remain in the bloc, said he will step down so the country can have a leader committed to carry out the will of the people. Scotland and Northern Ireland, members of the U.K. who supported remaining in the political-economic union with Europe, may move for independence. So what does that mean here across the Atlantic? Well, there’s a lot of uncertainty. “No…

Brexit fallout: Baltimore-area stocks tumble in...

http://baltimorecheckbook.tumblr.com/post/146414160312/brexit-fallout-baltimore-area-stocks-tumble-in#_=_

Greater Baltimore’s largest public companies saw their stocks open lower on Friday in the wake of United Kingdom voters electing to withdraw from the European Union. The unprecedented move has caused volatility in the market due to uncertainty by investors. The Dow Jones Industrial Average opened more than 500 points down, but rebounded slightly to a drop of 350 points at 10 a.m. Friday. The Nasdaq was down 125 points. Financial and tech stocks are among the worst performing sectors. Baltimore…

These are the wealthiest ZIP codes in Greater...

http://baltimorecheckbook.tumblr.com/post/146414158982/these-are-the-wealthiest-zip-codes-in-greater#_=_

Howard County remains the richest county in Greater Baltimore. The five wealthiest ZIP codes in the Baltimore area are all in Howard County — as well as eight of the top 10. Highland — ZIP code 20777 — was ranked No. 1 on our list of the wealthiest area ZIP codes, based on data provided by mapping and database manager Esri. Residents within the 20777 ZIP code have a median household income of $167,495 and an average of $148,247 in disposable income. Howard County also dominated our ranking…