Finance & Investment - Baltimore

  • 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.

    19 March 2019 14:11
  • 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.

    04 February 2019 20:07
  • NKF Closes $76M Sale of Luxury MD Property

    Built in 2016, The James is situated in Annapolis, one of the region’s most desirable rental markets.

    21 December 2018 15:46
  • Promark Buys Baltimore-Area Community

    The firm acquired the 54-unit Class B community in Glen Burnie, Md., for more than $7 million, using a $6.1 million acquisition loan.

    14 December 2018 10:49
  • Lincoln Avenue Enters Baltimore Market

    The buyer financed the roughly $14 million purchase of the 321-unit fully affordable community with a $14 million acquisition and development loan.

    14 December 2018 10:34
  • 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
  • Baltimore Affordable Senior Property Lands $33M HUD Loan

    National Preservation Housing Partners purchased Zion Towers, a 211-unit community, for $39 million. HUD insured a $32.8 million loan for the acquisition and renovation of the property.

    31 May 2018 08:20
  • 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
  • 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.

    19 December 2017 16:32
  • $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