Bozzuto Sells Union Wharf

Bozzuto Group has sold its Fells Point upscale apartment complex Union Wharf to pension fund manager I&G Direct Real Estate for a whopping $121.5M, a record for a Baltimore apartment building. Union Wharf's design and location in a historic waterfront district made the property the source of "intense bidding," the Baltimore Business Journal reports. The 281-unit building opened in 2013; amenities include an infinity pool, screening room, bar and three courtyards. [BBJ] [Sun]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

'Illegitimate' Or 'Leveling The Playing Field'?: Why Habitability Cases Are Surging In Eviction Court

Oliver Carr Jr.'s Firm Sells Alexandria Project To His Son's Company

COPA Passes City Council, Heads To Mamdani's Desk

Development Constraints In Massachusetts Push More Investors To Southern New Hampshire

Developers Question Depth Of Miami's Branded Condo Craze

Conversions Ramp Up As New Report Calls For Resident-Led Downtown Denver Recovery

'We Don't Have To Worry About The Future': Chicago Geothermal Apartment Tower Takes Shape

The Governor Races And Referendums Where Housing Is On The Ballot

Apollo To Buy Majority Stake In $2B UDR Portfolio

Foreclosure Auction Set For Loop Office-To-Residential Conversion

Apartment Operators Are Rethinking The Amenity Arms Race

Blackstone's $1.3B Multifamily Loan Hits Special Servicing After Missing Maturity