Affordable Housing Redevelopment Opens in Baltimore’s Johnston Square
Baltimore Mayor Brandon Scott recently attended the grand opening of The Hammond at Greenmount Park, a transformational project that turned an entire block of vacant lots into a new four-story building containing 109 affordable apartments and a new branch of the Enoch Pratt Free Library.
The Hammond at Greenmount Park was spearheaded by a redevelopment partnership comprised of Somerset Development Company, New Community Partners, and ReBUILD Metro. Its 109 one-, two-, and three-bedroom apartments will offer affordable rental housing. The new library, which occupies 9,000 square feet on the building’s ground floor, is the result of a public-private partnership between a real estate development team, a community, and a public library system.
The project was financed by a number of partners, including Capital One, Boston Financial, Chase Bank, the Harry and Jeanette Weinberg Foundation, the Robert W. Deutsch Foundation, the Maryland Department of Housing and Community Development, the Baltimore Department of Housing and Community Development, and the Baltimore Mayor’s Office of Recovery Programs.
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80-Unit Seniors Housing Development Opens in Suburban Chicago
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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312-Unit Multifamily in Indiana Changes Hands
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout