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LAUREL, MD-The Bozzuto Group has acquired two multifamily properties here for $86 million in addition to its recent $98-million acquisition of four properties in Temple Hills, and Forestville in June. The new properties, Laurel Square and Towne Center, encompass some one million sf and 982 units.

Slightly more than $80 million of the purchase amount–$80.1 million–was financed through CBRE Melody. RIMSI Corp. is the seller. “Despite the size of the transaction and the existing debt that encumbered part of the portfolio, we were able to structure a loan that was priced very aggressively and that provided maximum flexibility to our client,” says Maury E. Zanoff, senior director with CBRE

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