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July 16, 2014

The Baltimore Sun – Continental Realty Corp. buys White Marsh apartments

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Baltimore-based Continental Realty Corp. said Wednesday it has bought two apartment developments with a total of nearly 400 units in White Marsh for a total of $58.25 million.

The developments,  Lincoln Woods and Quail Ridge, were both owned by Henderson Global/TIAA-CREF, according to the release. Continental Realty purchased the communities through its CRC Fund III, L.P., which now owns ten properties, including a 60,5000-square foot shopping center purchased for $6.3 million last month in Raleigh, North Carolina.

The Baltimore Sun Article

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