Blue Ocean Acquires Waterfront Multifamily Community

Maryland-based real estate firm Blue Ocean has expanded its footprint into Howard County, Maryland, with its acquisition of The River Front Apartments in Savage, Maryland. The 144-unit, water-front and gated, residential community is located in Howard County, a few miles
from downtown Columbia.

The purchase of The River Front Apartments aligns with Blue Ocean’s long-term strategy
to acquire real estate in Class A locations that provide tangible opportunities to create or add value for its Investors.

The seller was represented by Transwestern Mid-Atlantic Multifamily Group of Dean Sigmon, Robin Williams, Justin Shay and Michael D’Amelio.

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