News Updates

Blue Ocean Acquires Waterfront Multifamily Community

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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 milesfrom downtown Columbia. The purchase of The River Front Apartments aligns with Blue Ocean’s long-term strategyto acquire real estate in Class A locations that provide tangible opportunities to create or add

Brett Meringoff Joins Fairstead

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Brett Meringoff, a prominent affordable and mixed-income housing developer has steppedin to help lead Fairstead’s expanding development business across the country. In his new role as senior vice president, he will be based in the firm’s Bethesda, Maryland, office. Fairstead is a fully-integrated real estate firm committed to affordable housing. Meringoff will work on ground-up developments and new acquisitions for both affordable and mixed-income projects across the country. Meringoff most

Hilltop Residential Expands into Florida and Georgia Markets

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Hilltop Residential, a Houston-based multifamily real estate investment company, has brought in Craig Marbach as executive vice president. Marbach will help lead the firm as it extends its portfolio into the Southeast, specifically the Georgia and Florida markets. Craig previously served as managing director at Venterra Realty Management, where he was responsible for acquiring 11,198 units through 40 deals in the Southeast during his 13-year tenure. Since launching in 2017,

Neighbor.com Launches in Dallas

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Neighbor.com has expanded into Dallas, Texas, the second-largest self-storage market in the nation. The company offers a sustainable alternative to traditional self-storage that allows local residents to rent out extra space in their homes to their neighbors. The arrangement allows homeowners to accumulate monthly passive income. “Texas is the second largest self-storage market in the United States, so it’s fitting that Neighbor’s peer-to-peer storage marketplace has grown organically in Dallas,

Homesnap Introduces New Platform

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Homesnap has introduced All-New Homesnap Pro, the next generation of its home search platform. Homesnap, which offers a national home search platform that provides MLS data in real time, says that the newest version provides real estate professionals with more than 500 data sources on a single platform. One of the platforms features is Off- Market Marketplace, which uses machine learning to assign homes a “Likelihood to List” score.

Hamilton Zanze Acquires Two Maryland Apartment Communities

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San Francisco-based real estate firm Hamilton Zanze has acquired two apartment communities in Columbia, Maryland, including the Timbers at Long Reach apartments and the Chimneys of Cradlerock. The deal closed Dec. 31, 2019, with seller Aimco. HZ now owns and operates six residential apartment communities in the D.C. metro area. HZ’s capital improvements plans for the properties include exterior maintenance and improvements, landscaping and interior unit renovations. At the Chimneys