Multifamily news in Baltimore
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Baltimore Multifamily Report – Winter 2019
Despite a cycle peak in new apartment developments last year, demand remained strong, maintaining occupancy within a relatively tight range.
06 March 2019 15:39 -
Gellar Associates Acquires Baltimore Asset
The buyer, Geller Associates, opted to finance the acquisition under Fannie Mae's Green Rewards program and will implement energy and water saving measures.
04 February 2019 20:07 -
David S. Brown Names Residential Division VP
Anne Angel has more than 30 years of experience in business and real estate. In her new role, she will oversee leasing and marketing activities.
31 January 2019 13:17 -
Baltimore Asset Trades in 1031 Exchange
An out-of-state investor acquired Preston Place, a 10-unit property in the Mt. Vernon neighborhood, as part of a 1031 Exchange.
23 January 2019 15:22 -
NKF Closes $76M Sale of Luxury MD Property
Built in 2016, The James is situated in Annapolis, one of the region’s most desirable rental markets.
21 December 2018 15:46 -
Promark Buys Baltimore-Area Community
The firm acquired the 54-unit Class B community in Glen Burnie, Md., for more than $7 million, using a $6.1 million acquisition loan.
14 December 2018 10:49 -
Lincoln Avenue Enters Baltimore Market
The buyer financed the roughly $14 million purchase of the 321-unit fully affordable community with a $14 million acquisition and development loan.
14 December 2018 10:34 -
First Phase of Baltimore Development Opens
Once completed, the Center\West project will have 2,853 apartment units, 20 percent of which will be set aside for workforce housing.
06 November 2018 18:54 -
Keeping Up With Supply in Baltimore
As the multifamily development boom continues, demand remains strong in the metro, bolstered by consistent job gains in high-earning sectors.
22 October 2018 13:28 -
AvalonBay Buys $83M Luxury Asset in Suburban Baltimore
A joint venture between Trammell Crow Residential and an affiliate of Western & Southern Financial Group sold the 310-unit community in Linthicum Heights, Md.
16 October 2018 12:18 -
On the Market: 5 Interesting Listings for the Week of 9/24
This week's listings include a value-add opportunity in the growing Glendale area of Queens, N.Y.; a well-positioned Connecticut portfolio; and more.
28 September 2018 16:49 -
On the Market: 5 Interesting Listings for the Week of 9/17
This week's roundup includes a luxury high-rise in the heart of Miami, a student housing opportunity in Baltimore and an adaptive-reuse property in the Richmond area, among others.
21 September 2018 17:23 -
Sage Management Adds 687 Units in MD
The company paid $113 million for two properties in the D.C. and Baltimore metros. The communities will be owner-managed and will receive amenity improvements and various renovations.
23 August 2018 19:10 -
MD Multifamily Buyer Lands $34M Financing
The first mortgage bridge loan provided by Hunt Real Estate Capital financed the acquisition and planned renovations of a 208-unit community in Pikesville, Md.
14 August 2018 14:00 -
Broadtree Acquires $138M Portfolio
The company purchased 1901 S. Charles and 2 E. Wells in Baltimore, as well as The Overlook in Camp Hill, Pa. After closing, Broadtree now has a property base of nearly $350 million.
31 July 2018 18:22