Baltimore developer buys Florida mansion for $34.5M as city pursues eviction settlement

A Baltimore-based developer purchased a mansion in Jupiter, Florida, for $34.5 million in an off-market deal, The Business Journals reported. The same developer previously acquired another Florida property for the same price, according to the same outlet. Meanwhile, the city of Baltimore is moving to pay an $11 million settlement in a class-action lawsuit over eviction practices, Maryland Daily Record reported. The settlement would resolve claims brought by tenants alleging improper eviction procedures. In another local development, a 55-plus apartment community opened on the site of a former motel in Ellicott City, The Business Journals reported. The project repurposes the property into housing for older adults. Maryland officials also cracked down on unlicensed senior living facilities following a Spotlight investigation, the Baltimore Sun reported. The state increased inspections and enforcement actions after finding violations in multiple unregulated homes. In a separate matter, Florida sued a provider of climate risk scores, claiming its home ratings were alarmist, the Baltimore Sun reported. The lawsuit highlights growing tensions over how environmental data influences property values. The typical home value in Baltimore was $396,959 in September 2026, up 0.4% from the prior year, according to the Zillow Home Value Index.