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Marble Hall Gardens

BALTIMORE, MD–A foreign buyer has acquired Marble Hall Gardens, a unique multifamily property that is 80% master leased to Morgan State University. The rest of the apartments are market-rate. The property traded for $31 million, a price well above the rest of the market, Greysteel’s Ari Azarbarzin tells GlobeSt.com.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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