Pangea Properties Acquires 42 Rental Units in Baltimore
BALTIMORE-A real estate investment trust based in Chicago has closed its first acquisition deal in Baltimore. Pangea Properties has bought 42 rental apartment units in three buildings in West Baltimore's Walbrook neighborhood.
The Walbrook units are the first properties for the trust on the East Coast. Pangea Properties did not disclose the addresses of the buildings or the purchase price. In the next two years, the company is planning to spend between $50 million and $100 million in apartment units in Baltimore. For the full story, go to Baltimore Sun .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Make your arrangements now to attend RealShare APARTMENTS in Los Angeles on October 21-22.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.