Multifamily news in Baltimore

New Supply Keeps Rent Growth Tepid in Baltimore
Spearheaded by the revival of its core and by the emergence of the Baltimore-Washington corridor as a strategic location, the metro’s multifamily fundamentals have stabilized.
Research Center
CHC Real Estate Buys Class A Property in Odenton, MD
Cafritz Interests and Clark Enterprises Inc. sold NOVUS Odenton, a 244-unit luxury community. The asset was acquired free of any debt.
Luxury
JV Wraps $100M Baltimore Development
Bozzuto Group, War Horse Cities, and Solstice Partners have completed work on Anthem House, a 292-unit community in the Locust Point district.
Development

  • Baltimore Community Adds Cool Perk

    2Hopkins is the first apartment community in the U.S. to implement the Smiota PoD smart lockers. These allow residents to use food delivery services and have round-the-clock access to their shipments by use of their smartphone.

    24 August 2017 17:23

  • The Residences at Annapolis Junction Welcomes Residents

    The 416-unit luxury property is the residential component of a mixed-use TOD developed by Somerset Construction and Armada Hoffler in Howard County, Md. The project will also include an intermodal parking structure, Class A office space and retail.

    16 August 2017 12:55

  • LIVEbe Makes Donation to Rebuild Together Baltimore

    The donation was made at an event that honored contest winner Bill King at 2Hopkins, a 183-unit, high-rise apartment in Downtown Balitmore developed by the company.

    26 July 2017 19:52

  • Lowe JV Buys 304-Unit B’more Community

    The high-end Jefferson Square at Washington Hill includes 20,000 square feet of street-level retail and was completed in 2015. The seller will continue to manage the property.

    13 July 2017 16:07

  • Baltimore Community Lands $73M HUD Construction Loan

    The 317-unit Berkleigh in Middle River is part of Baltimore Crossroads @ 95, a large-scale project that will encompass office space, retail, two hotels, 1,000 homes and two multifamily properties.

    28 June 2017 11:43

  • Baltimore Community Sells for $31M

    The 390-unit Marble Hall Gardens previously changed hands in 2007, when Tryko Partners acquired the Class C asset from Lightstone Group for $13.2 million.

    25 May 2017 08:01

  • Long-Awaited VA Housing Project Breaks Ground in MD

    First announced in 2011, the Perry Point development will bring 75 subsidized, newly renovated and newly constructed units for at-risk and formerly homeless veterans.

    18 May 2017 14:33

  • Continental Sheds 4 in Baltimore

    Arranged by Transwestern, the sales include a pair of communities acquired by Schweb Partners and two purchased by Kindred Property Group.

    12 May 2017 16:59

  • Historic B’more Apartments Change Hands

    Frederick Douglass Apartments is a 99-unit multifamily property in Baltimore that includes two commercial units. Marcus & Millichap closed the $6.3 million deal.

    12 May 2017 11:59

  • Baltimore Affordable Community Reopens After $27M Rehab

    Enterprise Homes, HUD and other stakeholders teamed up on an extensive makeover of The Allendale, a 164-unit West Baltimore property serving seniors and disabled adults.

    10 May 2017 14:13

  • Baltimore Reclaims Its Charm

    The city's multifamily market remains tepid, despite the continuing revival of downtown and surrounding areas. It does, however, benefit from the proximity of Washington, D.C.’s less affordable market, where both renters and investors are slowly being priced out.

    27 April 2017 12:39

  • Enterprise Names New CFO

    Sally Hebner has been working for the nonprofit organization for more than 10 years. Most recently, she served as senior vice president.

    20 April 2017 17:50

  • Greysteel to Market B’more-Area Affordable Community

    The commercial real estate investment services firm has been retained as exclusive advisor and agent for the sale of Portside Apartments in Dundalk, Md.

    30 March 2017 09:35

  • JLL Provides $208M for Baltimore County Value-Add Deal

    Morgan Properties purchased the six-building, 1,979-unit portfolio.

    29 March 2017 13:55

  • LIVEbe Begins Leasing 2 MD Luxury Communities

    Residents will start moving into the Berman Enterprises-owned properties later this year.

    06 March 2017 15:47