Maryland
Pensam Provides $5M in Preferred Equity for Baltimore Apartments
Real estate multifamily lender and investor Pensam has provided a $5 million preferred equity investment for the acquisition of The… Read more
Blue Ocean Divests from 235-Unit Baltimore MF Property
Maryland-based real estate investment firm Blue Ocean has announced the sale of The Falls at Roland Park, a 235-unit multifamily… Read more
DF Ventures Snags Silver Spring Apartment Community for $50M
DF Ventures, a business unit of multifamily management company Drucker + Falk, has acquired The Point at Hampton Hollow Apartments,… Read more
Paycheck Protection Program Considerations During a Sale, Acquisition or Merger
By Bryan Porter and Travis Klein Many small business owners took the federal government up on the lifeline known as… Read more
Newmark Brokers $8M Sale of Maryland Industrial Property
Newmark has arranged the $8.4 million sale of 700 Evelyn Avenue, a fully-leased, 180,000-square-foot industrial property in Linthicum Heights, MD.… Read more
KLNB Brokers $5M Sale of Retail Center in Prince George County
Mid-Atlantic commercial real estate brokerage firm KLNB has arranged the $5.1 million sale of Livingston Square Shopping Center, an 11-acre… Read more
Meridian Arranges $513M Refi for Harbor Group
Meridian Capital Group arranged $513 million in financing to refinance eight multifamily properties included within the Beacon Portfolio in Maryland, Virginia,… Read more
Newmark Secures 19K-SF Office Lease in Metro Baltimore
Newmark has secured a 19,497-square-foot office lease for Chesapeake Contracting Group’s (CCG) new headquarters at 10065 Red Run Boulevard in… Read more
Newmark Brokers $12M Sale of Capitol Heights Industrial Facility
Newmark has arranged the $12.3 million sale of 8700 Ritchie Drive, a 103,000-square-foot industrial facility in Capitol Heights, MD. Located… Read more
Le Pain Quotidien to Expand in Former Maison Kayser Locales
Aurify Brands plans to add at least 10 Le Pain Quotidien (LPQ) restaurants in New York City at locations formerly occupied… Read more
Harrison St., Sanders Sell $213M Healthcare Portfolio
Chicago-based Harrison Street sold a portfolio of nine medical office buildings and inpatient rehabilitation facilities valued at $213 million to Lincoln… Read more
Spice Maker McCormick to Open 1.8M-SF Distribution Center Near Baltimore
American food company McCormick & Co. has announced plans to open a 1.8 million-square-foot distribution center in Metro Baltimore’s Sparrows… Read more
Newmark Brokers Sale of Six-Building Office Portfolio in Metro Baltimore
Newmark has arranged the sale of 6200-6250 Old Dobbin Lane, a six-building, 253,079-square-foot Class A suburban office portfolio in Columbia,… Read more
Southwest Will Make O’Hare Debut with 20 Flights
Southwest Airlines Co. will initially fly 20 daily flights out of Chicago O’Hare International Airport beginning in February 2021, the airline… Read more
Berkadia Secures $19M Financing for Senior Living Community in Maryland
Berkadia has secured a $19.1 million forward commitment to provide tax-exempt permanent financing for Suitland Senior Apartments, a 137-unit senior… Read more
Walker & Dunlop Signs On for “Black Equity at Work” Program
Walker & Dunlop is participating in the launch of Management Leadership for Tomorrow’s Black Equity at Work Certification program. It’s one of… Read more
Construction Begins on 978-Bed University of Maryland Student Housing Project
Gilbane Development Co. has broken ground on Tempo, a 978-bed student housing project near the University of Maryland College Park.… Read more
Berkadia Provides $45M Bridge Loan for Silver Spring MF Property
Berkadia has provided a $44.8 million bridge loan for Heritage at Silver Spring, a multifamily property in Silver Spring, MD.… Read more
Transwestern Tapped to Lease 188K-SF of Office Space in Rockville
Transwestern Real Estate Services (TRS) has been tapped to lease 11 N. Washington St. and 1 Church St. in Rockville,… Read more