**Harbor Stone Advisors Facilitates Sale of 200-Unit Townhome Portfolio in Northwest Baltimore**
Harbor Stone Advisors has successfully brokered the sale of The R.E.D. Townhome Portfolio, a 200-unit residential portfolio consisting of three properties located in Northwest Baltimore City.
The team representing Harbor Stone Advisors included President Justin Verner, Director Brooks Healy, Senior Advisor Tom Wohlgemuth, and Advisor Kevin Landolphi, who served as exclusive advisors to the seller, CT Group. The portfolio features a variety of townhome layouts and amenities across three communities: The Rosalind, Elgin, and Dolfield Townhomes.
Strategically situated in suburban neighborhoods of Northwest Baltimore, the properties are well-positioned near major highways and public transit options. These locations allow for convenient access to key employment and institutional hubs such as Downtown Baltimore, Sinai Hospital, Coppin State University, and the U.S. Social Security Administration.
“This transaction comprised three garden apartment communities totaling 200 units,” noted Verner. “Harbor Stone Advisors represented The CT Group and sourced a Baltimore-based buyer seeking to expand their local footprint.”
The sale underscores continued investor interest in the Baltimore multifamily market, particularly in well-located, workforce housing assets.
