June 24, 2019
Tryko Partners acquired Camden Court, a 221-unit, high-rise apartment building in downtown Baltimore for an undisclosed price. The private equity investment group plans to launch a multi-million-dollar capital improvement of the property, which is located at 300 W. Lombard St.
Built in 2005, the property features 1,700 square feet of ground level retail space, as well as multiple levels of underground parking. The property features in-unit washers and dryers as well as a fitness center, resident lounge, business center and pet wash station. Tryko’s improvements include kitchen and bathroom updates, as well as upgrades in hallways and amenity spaces.
David Webb and Maxi Leachman of CBRE’s Mid Atlantic Debt and Structured Financing Group secured acquisition financing for Tryko through an undisclosed lender. Terms of the financing were not disclosed.
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