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Vivo Investments Secures Funding for Hotel-to-Multifamily Conversion in Baltimore

Loan Enables Firm To Redevelop Two High-Rises in Downtown As Apartment Towers
A pair of high-rises in downtown Baltimore stopped operating as a hotel complex during the pandemic and are slated to become apartments. (CoStar)
A pair of high-rises in downtown Baltimore stopped operating as a hotel complex during the pandemic and are slated to become apartments. (CoStar)
CoStar News
December 1, 2022 | 8:23 P.M.

Vivo Investments secured a $45 million loan to redevelop two hotel towers into apartments in downtown Baltimore, adding hundreds of studio units to lure younger renters in a trend playing out across the country.

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