
If you’re looking to buy in the super-luxury market in Baltimore, you’re in luck – the Ritz-Carlton has avoided its debt crisis.
RXR Realty, the developer for the beautiful new Ritz-Carlton on the Inner Harbor, recently announced that it has secured a $176 million loan to refinance the project, as reported by the Baltimore Sun just yesterday. This step will allot RXR a three-year extension to market the many unsold units. In fact, only 23 of the 190 units have been sold since its opening (most famously to novelist Tom Clancy).
The …






