A New York investment fund has committed up to $400 million in new capital to Merritt Properties to help grow the local real estate firm’s portfolio by as much as 30 percent. Almanac Realty Investors recently inked the deal that will allow Merritt to expand its acquisition, development and redevelopment of primarily industrial properties in the Baltimore and Washington, D.C., region and other target markets. Almanac Realty Investors first teamed with Baltimore-based Merritt in 1997 with a $75…
from https://www.bizjournals.com/baltimore/news/2018/01/08/merritt-properties-lands-up-to-400m-to-expand.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/169462835092
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