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Washington DC  + Baltimore  + Apartments  | 

Berkadia Arranges $140M Sale of Baltimore MF Property

Berkadia has arranged the $140 million sale of Highland Village Townhomes, a 1098-unit garden-style multifamily property in Halethorpe, MD.

Located at 3953 McDowell Lane, Highland Village Townhomes features one-, two- and three-bedroom floor plans with air conditioning and walk-in closets. Amenities include laundry facilities, a playground and a day care center.

Drew White of Berkadia’s Washington, D.C. office and Carter Wood of Berkadia’s Richmond office represented the seller, New York-based Kushner Cos., in the transaction. The buyer was New Jersey-based Olive Tree Management. The transaction closed April 15.


Inside The Story

connect with Berkadia’s White

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition
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