Baltimore, MD – Alex. Brown Realty, Inc. is pleased to announce that Michael P. Murphy will be joining the firm as a senior member of the Investment Management and Capital Markets group. Mr. Murphy’s responsibilities will include marketing ABR’s investment funds and other investment programs. He will be working closely with ABR’s Acquisitions, Asset Management […]
Category: Uncategorized
Alex. Brown Realty Acquires TownePlace Suites by Marriott in Northwest Dallas
Baltimore, MD – Alex. Brown Realty, Inc. (ABR) and TCOR Hotel Partners (TCOR) have announced the acquisition of the TownePlace Suites by Marriott in Lewisville, Texas. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $4.4 million in the joint venture. Financing for the project will be provided by Inwood National […]
Alex. Brown Realty and CIP Acquire Flex Industrial Business Park in Hayward, California
Baltimore, MD – Alex. Brown Realty, Inc. (ABR) and CIP Real Estate (CIP) have acquired the Eden Landing Business Park—a 195,044 sf flex industrial asset in Hayward, California. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $9.7 million in the joint venture. Financing was provided by Wells Fargo. Spread over […]
Alex. Brown Realty JV to Develop Courtyard by Marriott in Alpharetta, Georgia
Baltimore, MD – Alex. Brown Realty, Inc. (ABR) and Hotel Development Partners (HDP) have announced plans to develop a 115-room Courtyard by Marriott in Alpharetta, Georgia. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $7.2 million in the joint venture. Financing for the project will be provided by the Bank […]
Alex. Brown Realty Joint Venture to Develop Charleston Senior Housing
Baltimore, MD – A joint venture organized by Alex. Brown Realty, Inc. (ABR), Wakefield Capital and Affinity Living Group has announced development plans for a 120,000 sf senior housing facility on James Island in Charleston, South Carolina. The Class A facility is scheduled for completion in June 2018. ABR Chesapeake Fund V, a real estate […]
ABR Announces Redevelopment Project in Chicago’s South Loop
Baltimore, MD – A joint venture formed by Alex. Brown Realty, Inc. (ABR) and 3L Real Estate has purchased the former Yellow Cab building located on East 21st Street in Chicago’s South Loop neighborhood. The joint venture announced plans to redevelop the 80,000 sf building into a 110-unit apartment project. ABR Chesapeake Fund V, a […]
