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  • Sale Cloth Factory Apartments Sell for $16 Million

    Delancy Street Capital ended its decade-long hold on the 107-unit Sale Cloth Factory Apartments in Baltimore, MD. Harbor Stone Advisors President Justin Verner, Director Brooks Healy, Senior Advisor Tom Wohlgemuth and Advisor Kevin Landolphi served as the seller’s advisors in the $16 million sale. The multifamily property is at 121 S. Freemont Ave., adjacent to the University of Maryland and the University of Maryland Medical Center and two miles from downtown Baltimore. Once a late-19th-century sail cloth manufacturing plant, the...

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