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06/13/2018
JV Picks Up Orchard Meadows at North Ridge in Ellicott City
The 240-unit Orchard Meadows at North Ridge apartment complex at 3421 Sonia Trl. In Ellicott City, MD A joint venture between Morgan Properties and Core Real Estate Partners purchased a 240-unit apartment complex in Ellicott City, MD from Azure Partners...

06/07/2018
At Long Last, Towson Row a Go
Rendering of Towson Row at 305 York Rd. in Towson, MDCredit: Greenberg Gibbons Commercial Corp. Weeds, semi-demolished buildings and rusted signs were in the background Thursday as dignitaries wearing hard hats and holding ceremonial shovels focused...

06/06/2018
Live! Hotel Opens in Maryland Suburbs
The 17-story, 310-room Live! Hotel at 7002 Arundel Mills Cir. in Hanover, MDCredit: The Cordish Cos. The Cordish Cos. and Live! Casino & Hotel announced that the flagship, 310-room Live! Hotel opened today in Hanover, MD. The hotel was built as an...

06/05/2018
Harbor East Awash in Construction
Rendering of the 291-unit Liberty Harbor East apartment building at 711 S. Central Ave. in BaltimoreCredit: Hickok Cole Architects One of Baltimore City’s most successful redevelopment stories of the last several decades has several more chapters...

05/30/2018
BCI Management Buys Fairgreen Senior Apartments
The 92-unit Fairgreen Senior Apts. affordable housing complex at 100 Greenway in Perryville, MD Local investment firm BCI Management, the parent company and property management arm of the real estate investment firms BGT Residential and SMJ Baltimore...

05/30/2018
Lee & Associates Hires Carmen as Associate
Michael Carmen joined Lee & Associates as an associate in Columbia, MD. Carmen will work closely with Ned Brady, senior vice president, to expand the firm’s industrial and warehouse brokerage division, assisting with the identification of companies...

05/29/2018
Who Are Baltimore’s Potential Renters, and What Do They Want?
A Baltimore property manager advertising a one-bedroom, one-bathroom, dog-friendly apartment with a garage and in-unit washer and dryer for less than $1,300 per month will likely find prospective renters reaching out quickly. According to exclusive...

05/23/2018
The Blackstone Group Buys 3.9M-SF Multi-State Industrial Portfolio
The Class A, 74,056-square-foot warehouse at the Lakeside Business Park at 2204 Lakeside Blvd. in Edgewood, MD New York-based The Blackstone Group (Blackstone) purchased 40 warehouses, along with three land parcels, in Maryland, Delaware and Virginia...

05/23/2018
New York-based Investment Firm Buys Class A Multifamily Complex in Elkton
The 156-unit Apartments at Iron Ridge complex in Elkton, MD AION Partners, a New York-based full-service investment firm with a portfolio exceeding $1.5 billion, purchased a 156-unit apartment complex in Elkton, MD from Wilmington, DE-based Unity Corp...

05/21/2018
REAP Graduate Elected to ICSC Board of Trustees
Angele Robinson-Gaylord, president of U.S. property for Ikea Group outside of Philadelphia (pictured, left) alongside chairman of the REAP board G. Lamont Blackstone (right).Credit: Tony Wilbert for CoStar Group Inc. Among the new members elected to...

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