Deals - Baltimore
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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 -
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 -
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