X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
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.

More from this author

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.