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Colorado Investor Acquires Apartment Complex Near Towson University for $86.4 Million

ROC Fund III Sells 498-Unit Rodgers Forge Complex in Towson, Maryland
The 498-unit Rodgers Forge apartment complex in Towson, Maryland. Photo: CoStar
The 498-unit Rodgers Forge apartment complex in Towson, Maryland. Photo: CoStar
By Kelly Hartnett
May 23, 2019 | 6:06 P.M.

UDR, a multifamily development company headquartered in Highlands Ranch, Colorado, purchased a 498-unit apartment complex in Towson, Maryland, from ROC Fund III. Rodgers Forge sold for $86.4 million, or about $173,000 per unit.

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