Vivo Investment Group has acquired the dual-branded Holiday Inn and Radisson Hotel complex with 710 units in downtown Baltimore. The price was not disclosed. The local investor plans to convert the property, which encompasses an entire city block in Baltimore's ...
The property, in the city's Butchers Hill neighborhood, is being rebranded as The Tala at Washington Hill. It is 97.4 percent leased.
Multi-Housing News Hamilton Zanze has acquired the 304-unit Jefferson Square apartment property in Baltimore for an undisclosed price. Lowe Enterprises sold the complex, at 101 North Wolfe St., which it had purchased in 2017 from Jefferson Apartment Group. The property, in ...
Commercial Real Estate Direct Staff Report White Marsh Mall in Baltimore has been re-appraised at a value of $113 million, less than half the $300 million appraised value pegged to it in 2013 when a $190 million loan was written ...
Commercial Observer Wells Fargo Bank has downsized its office presence in Baltimore's Inner Harbor area, to only 17,336 square feet at 111 South Calvert St. from 95,000 sf at nearby 7 St. Paul St. The bank is one of three ...
Multi-Housing News Vivo Investment Group has acquired the dual-branded Holiday Inn and Radisson Hotel complex with 710 units in downtown Baltimore. The price was not disclosed. The local investor plans to convert the property, which encompasses an entire city block ...
Multi-Housing News A partnership of residential developer Trademark Properties and local investor Prab Thangarajah plans to spend $34 million converting the former Fidelity & Deposit Building in downtown Baltimore into 220 apartment units. The venture, represented by Byrnes & Associates ...
Kroll Bond Rating Agency has downgraded three classes of WFRBS Commercial Mortgage Trust, 2013-C14, because of losses it has estimated will eventually result from the resolution of at-risk collateral loans. The rating agency has classified six of the $1.11 billion ...
CIT Bank has provided $39.6 million of mortgage financing against the Southside Logistics Center, a two-building industrial property with 483,000 square feet that's under construction in Baltimore. The financing facilitated the property's purchase by an affiliate of Clarion Partners of ...
East Coast Warehouse and Distribution is building a 175,000-square-foot warehouse as part of the Tradepoint Atlantic Logistics Center at Sparrows Point in Baltimore. The Elizabeth, N.J., logistics company expects to finish the temperature-controlled facility in June. It's being built on ...
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