Market Rate Housing - Baltimore

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.
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First Phase of Baltimore Development Opens
Once completed, the Center\West project will have 2,853 apartment units, 20 percent of which will be set aside for workforce housing.
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On the Market: 5 Interesting Listings for the Week of 9/24
This week's listings include a value-add opportunity in the growing Glendale area of Queens, N.Y.; a well-positioned Connecticut portfolio; and more.
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  • On the Market: 5 Interesting Listings for the Week of 9/17

    This week's roundup includes a luxury high-rise in the heart of Miami, a student housing opportunity in Baltimore and an adaptive-reuse property in the Richmond area, among others.

    21 September 2018 17:23

  • 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

  • On the Market: 5 Interesting Listings for the Week of 7/9

    This week's listings include a newly renovated historic asset in Baltimore that benefits from a CHAP credit, an age-restricted, fully affordable community in Baton Rouge, La., and more.

    13 July 2018 15:38

  • 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

  • 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

  • On the Market: 4 Interesting Listings for the Week of 3/26

    This week's listings include a 100 percent-occupied luxury community in downtown Baltimore, student housing near Philadelphia's universities and a recently renovated value-add opportunity in Columbus, Ohio.

    30 March 2018 15:47

  • On the Market: 4 Interesting Listings for 2/12

    This week's listings include two renovated downtown Baltimore historic buildings and a downtown Portland property that has never been on the market since it was constructed in 1949.

    16 February 2018 14:32

  • 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

  • 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

  • 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