November 6, 2026 - 19:36

Since 1984, Baltimore has approved PILOTs for 28 projects, including hotels, office buildings, apartments, theaters, and parking garages. However, the city has recently come under scrutiny for failing to file state-mandated reports regarding these tax breaks for five consecutive years. PILOT, which stands for Payment in Lieu of Taxes, is intended to generate revenue while encouraging development in targeted areas.
The lack of reporting raises concerns about transparency and accountability in how these tax incentives are managed. City officials are now facing questions about the implications of this oversight and what it means for future projects. The absence of these reports could hinder the city's ability to track the effectiveness of the PILOT program and ensure that the benefits of these tax breaks are realized by the community. As Baltimore navigates its development landscape, addressing this reporting gap will be crucial for restoring public trust and fostering sustainable growth.
November 6, 2026 - 01:10
Wheeler Real Estate Investment Trust Releases Third Quarter 2026 ResultsVirginia Beach, VA - November 5, 2026 - Wheeler Real Estate Investment Trust has unveiled its financial and operating results for the third quarter and the first nine months of 2026. The company...
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Cardinal Point Wealth Management Highlights Estate Planning Considerations for Canadians with U.S. AssetsCanadians with assets in the United States face unique estate planning challenges that can lead to unexpected tax filings and administrative delays. Owning U.S. property, investments, or shares in...
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