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Maryland awarded the money to build or preserve 500 units of affordable housing in Baltimore and Chestertown.
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It is the investment giant's first dedicated single-family rental fund.
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Manhattan's largest office landlord is finishing the year with a flurry of activity.
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Birmingham developers fill gap left in council plans for new housing
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There are so many other factors weighing on renters and the multifamily market besides the decision.
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Maersk is seeking more warehouse and cold storage space to expand its logistics-as-a-service offering, and has hired CBRE to help it find acquisition targets.
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Midwest Regional Executive Managing Director Greg Munson will replace retiring Transwestern Real Estate Services' President Tom Lawyer.
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Moorfield JV splurges on alternative investment darling industrial open storage
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Developers including MRP Realty, BXP and Grosvenor said they are looking to shrink their expensive amenity spaces to save money in today's difficult market.
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The group was among the most active multifamily lenders in the city.
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