Baltimore
Downtown Baltimore’s Luxurious Metamorphosis
The conversion of historic office buildings into upscale apartments is reshaping the metro’s core. Greater Baltimore Committee President & CEO Donald Fry reveals how the area has become the city’s fastest-growing residential neighborhood.
CAPREIT Debuts Luxury Baltimore Community
The company will manage the 103-unit Nelson Kohl, which was developed by SAA Ernst Valery Investments. Amenities include a sky lounge, dog run and fitness center.
Harbor Goup Sells $25M MD Community
Annen Woods is located near the Baltimore Beltway and includes 131 units across 11 three-story buildings. The new owner is planning to upgrade 90 apartments and several common-area amenities.
On the Market: 4 Interesting Listings for the Week of 3/26
This week’s listings include a 100 percent-occupied luxury community in downtown Baltimore, student housing near Philadelphia’s universities and a recently renovated value-add opportunity in Columbus, Ohio.
On the Market: 4 Interesting Listings for 2/12
This week’s listings include two renovated downtown Baltimore historic buildings and a downtown Portland property that has never been on the market since it was constructed in 1949.
On the Market: 5 Interesting Listings for the Week of 2/5
This week’s listings include a five-property LIHTC portfolio across the Baltimore and Washington, D.C., metros; a new community in Oregon; and a recently renovated property in Riverview, Fla.
Out-of-State Investor Grabs Baltimore Apartments
Sage Management sold the 56,000-square-foot Windsor Arms in a deal facilitated by SVN REALSITE. The community includes market-rate and subsidized units.
Affordable MD Townhomes Undergoing $14M Rehab
Seventy-five of the units in Scotland Community will receive both interior and exterior renovations, with funds provided by the Low Income Housing Tax Credit.
$277M MD Portfolio Changes Hands
The four-asset NOAH portfolio brings Morgan Properties’ total multifamily investments to $1.2 billion and more than 8,600 units during the past year.
Hunt Obtains $23M Financing for VA and MD Assets
The company provided an acquisition loan for the 176-unit Trellis at Lee’s Mill Apartments in Newport News, Va., as well as a refinancing loan for the 162–unit Hickory Hill Apartments in Frederick, Md.