Maryland
Walton Global Acquires 108 Agricultural Acres in Aberdeen for Residential Development
Scottsdale, AZ-based real estate investment and land asset management company Walton Global has acquired 108 acres off Gilbert Road in… Read more
CSX Transportation Buys $2M 3.6-Acre Parcel Adjacent to Baltimore Operations
CSX Transportation has purchased a 3.6-acre parcel located at 1920 Benhill Avenue in the Curtis Bay section of Baltimore for… Read more
Eastern Union Arranges $40M for Aubinoe Management to Refi 369-Unit Community in Arlington
Commercial real estate finance company Eastern Union has arranged the $39.7-million refinancing of Washington & Lee Apartments, a 369-unit multifamily… Read more
Anticipated “Heat Belt” Means Different Design Requirements
In August 2022, research company First Street Foundation released its extreme heat model report. The peer-reviewed model found that 50… Read more
Enterprise Community Development Acquires Silver Spring Community for $20M
Enterprise Community Development, a nonprofit owner and developer of affordable homes, has purchased the Parkside Terrace community located at 502… Read more
St. John Properties Issues Interior Construction Division Promotions to Mike Jones, Ellen Quinn
Windsor Mill, MD-based commercial real estate firm St. John Properties, Inc., has promoted Mike Jones to project manager and Ellen… Read more
Seawall Development Spends $5M for 3.5 Acres of Outdoor Storage Land in Baltimore
Baltimore, MD-based Seawall Development has acquired a 3.5-acre industrial outdoor storage site at 2600 Sisson Street in the Remington section… Read more
Exelon Will Keep Its Headquarters in Chicago
Utilities giant Exelon will remain headquartered in Chicago, reported Crain’s Chicago Business. Its new CEO, Calvin Butler, is relocating from… Read more
CP Capital, The NRP Group to Develop 390-Unit Multifamily in Silver Spring
A joint venture comprised of CP Capital and The NRP Group is developing a 390-unit multifamily project in Silver Springs,… Read more
Tech Park Taking Shape on the Shores of Lake Woodlands
Alexandria Real Estate Equities is redeveloping more than 12 acres in The Woodlands, at a cost of $200 million. Alexandria… Read more
Three New Deals for the New Year Bring Silver Spring Office to 90% Occupancy
RFF/Old Columbia I, LLC has secured three new leases for 12301 Old Columbia Pike in the Silver Spring area of… Read more
Linden Property Group Acquires $34M Townhome Community in Fredericksburg
Arlington, VA-based Linden Property Group has acquired Timber Ridge Townhomes, a 147-unit LIHTC affordable housing property located at 3500 Goldenfield… Read more
UMH Properties, Nuveen Real Estate Secure $15M Manufactured Housing Community in Sebring
A joint venture between Freehold, NJ-based UMH Properties, Inc. and Nuveen Real Estate has acquired Rum Runner, a newly developed… Read more
Northmarq Installs Company’s First Washington, DC-Based Investment Sales Team
Capital market resource Northmarq has added its first investment sales team to the company’s Washington, DC office. Christopher Doerr, William… Read more
Richardson Hyatt House Considered for Apartment Conversion
It’s a growing trend. Still sluggish travel and tourism numbers since the pandemic, and acute housing shortages have provided new… Read more
Howard Hughes Corporation Starts $46M MOB Amid $5B Downtown Columbia Development
The Howard Hughes Corporation — which owns, manages and develops commercial, residential and mixed-use real estate in a portfolio of… Read more
Faropoint Expands into Maryland with Four Industrial Acquisitions for $29M
Faropoint has acquired four industrial properties located in the Washington-Baltimore metro representing nearly 220,000 square feet of space for a… Read more
M&T Realty Capital Provides Bridge Loan for Ohio Affordable
M&T Realty Capital Corporation provided a $21,590,000 bridge loan for NB Affordable’s acquisition of a 337-unit affordable housing property located in Athens,… Read more
The Meridian Group Lands $81M to Construct 1M-SF Warehouse in Winchester
Bethesda, MD-based The Meridian Group has secured $80.5 million in construction financing for the development of One Logistics Park Building… Read more