Vacants to Value Program

[Juan Gisone]

Anyone investing in Baltimore have experience with the Vacants to Value program? http://www.vacantstovalue.org

Seems like a good idea for these neighborhoods, although the inventory is just massive.

Thanks!

Juan

[Andy Gross]

They seem to be releasing the inventory in batches. Some real interesting opportunities pop up when larger, unique buildings come up for bid. They've had some historic factories, firehouses, etc come on the market in recent years. Bigger developers (backed by big money) come in to purchase those.

BPers have batted around the idea of "buying a block" and rehabbing it all at once.