Friday, December 16, 2016

Student housing community near Johns Hopkins sells for $42.7M

A Pennsylvania real estate investment firm has acquired a student housing community located adjacent to the Johns Hopkins University campus for nearly $43 million. Newtown Square, Pa.-based GMH Capital Partners, acquired the 328-bed community located at 3700 N. Charles St. from H.B. Northway Limited Partnership and rebranded it as The Academy on Charles. The 83-year-old building was previously known as Varsity on Charles. State records show the deal closed on Nov. 15 for $42.7 million, according…



from http://www.bizjournals.com/baltimore/news/2016/12/16/student-housing-community-near-johns-hopkins-sells.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/154552198332

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