Baltimore
JV Receives $61M Loan for MD Development
Walker & Dunlop provided a 40-year, fixed-rate HUD loan for the development of Monarch at Waugh Chapel. The apartment community will be situated midway between Washington, D.C., and Baltimore, along U.S. Route 3.
Greysteel Closes Fully Affordable Baltimore Sale
The 150-unit Portside Apartments is located within a 20-minute drive of downtown and is subject to Section 42 provisions. The property last changed hands in 2005.
BrownLee Grabs $84M Baltimore Community
The 295-unit Winthrop in Towson was completed in 2015 and traded with help from JLL. Pillar originated a $58.8 million Freddie Mac acquisition loan.
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.
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.
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.
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.
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.
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.
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.