Baltimore

Hamilton Zanze Buys DC-Area Community

The real estate investment firm has acquired The Reserve at Ballenger Creek Apartments, a 204-unit asset in Frederick, Md. Mission Rock Residential has taken over property management.

Harbor East, Bozzuto Group Open Luxury High-Rise on Baltimore Waterfront

Dubbed Liberty Harbor East, the 22-story community is situated on the site of a former Bethlehem Steel shipyard.

$1B Redevelopment Breaks Ground in Baltimore

The city’s housing authority started the first phase of a six-year plan that will create 1,345 new residential units, as well as a variety of community resources and services.

Baltimore Warehouse to Become Apartments

The Mid-Atlantic Multifamily Group of Transwestern Commercial Services has been named the exclusive advisor for the adaptive-reuse project which could see more than 140 units created in the historic brick building.

Baltimore Luxury Community Nabs Refi Loan

Hunt Real Estate Capital arranged the Fannie Mae conventional multifamily financing for a partnership of local developer Mark Sapperstein and Kinsley Equities.

Luxury MD Senior Housing Welcomes Residents

Capitol Seniors Housing opened the 84-unit assisted living and memory care community in the heart of Anne Arundel County. The Arbor Co. will operate the 72,140-square-foot facility.

Avanath Buys Maryland Senior Community

Delivered in 2006, the 102-unit Victoria Park at Edgewater in Anne Arundel County traded for a little over $11.3 million.

Baltimore matrix mf report Image by Sean Pavone iStockphoto.com

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.

Fox Crossing

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.

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.