Baltimore developer hit with $18M judgment over loan default

Baltimore developer hit with $18M judgment over loan default

Happy Friday, readers.

The Ravens pulled out a thrilling 35-34 win last night over the Cincinnati Bengals, but you know what's even more thrilling? The biggest local business stories of the week, all in one place.

Let's jump in.


Baltimore developer hit with $18M judgment over loan default

CFG Bank last month won a $18 million judgment against developer Patrick Grace and a group of his partners after they allegedly defaulted on a loan to overhaul a historic Baltimore tower. | More on the judgment


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Local coffee chain bought by national group

Ceremony Coffee Roasters has been acquired by a Midwest coffee collective that oversees several specialty coffee brands. The 22-year-old Annapolis coffee company has six locations in Maryland. | What the deal means

Voters back Harborplace rezoning referendum

A majority of city voters this week approved a charter referendum that would clear the way for the development of two apartment towers at the Inner Harbor on what today is public parkland. | Details on the vote and what's next


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Unfinished 30,000-square-foot estate up for $9M

For sale: a 30,000-square-foot estate with a movie theater and bowling alley — some assembly required. Check out the private 17-acre retreat that is now being offered for $9 million. | Photos and more

East Baltimore small home village opens to house homeless families

Hope Village opened in East Baltimore this week. The 13-home, $3 million development has given formerly homeless families an affordable place to live, and there's a waiting list several hundred strong. | What the new residents are saying


Questions or comments about this newsletter? Reach out to BBJ Digital Producer Joe Ilardi at [email protected] .

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