Deals - Baltimore

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.
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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.
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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.
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  • SVN Brokers MD Student Housing Sale

    The 48-bed community dubbed The Allston features a mix of studio and one- to three-bedroom units that serve students attending Johns Hopkins University.

    26 June 2018 13:56

  • Baltimore-Area Community Changes Hands for $8M

    Built in 1946, the 93-unit property includes 12 garages. The new owner plans to continue the interior renovation of the apartments and make improvements to the amenities.

    15 June 2018 16:04

  • JV Buys 240-Unit Baltimore-Area Community for $50M

    Morgan Properties and Core Real Estate Partners have acquired Orchard Meadows, located in Ellicott City, as a value-add investment. The community will undergo more than $2 million in upgrades.

    06 June 2018 13:53

  • Hamilton Zanze Makes First MD Buy

    The company acquired the 404-unit Kingscrest Apartments in Frederick for $64.3 million and plans to invest $4.2 million to renovate it.

    23 May 2018 12:58

  • Greysteel Arranges $37M Multifamily Asset Sale

    President & CEO Ari Firoozabadi and Senior Investment Associate Ari Azarbarzin represented the seller of the 417-unit Maryland property. The new owner plans to upgrade the 1964-built asset.

    18 May 2018 14:00

  • 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.

    10 April 2018 17:33

  • 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.

    12 January 2018 15:04

  • $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.

    18 December 2017 14:43

  • 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.

    15 December 2017 17:36

  • ROSS Acquires 210-Unit MD Community

    Located in Towson, Md., Versailles Apartments features a car wash, 24-hour emergency maintenance and a playground.

    13 December 2017 16:51

  • 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.

    07 November 2017 14:58

  • 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.

    03 November 2017 12:24

  • 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.

    31 October 2017 14:45

  • 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.

    05 September 2017 11:23

  • 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