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Thursday, June 09, 2011

Chesapeake Bay Lots Sold To D.C. Investors

A team of Washington, D.C.-area investors has acquired 357 lots on 72 acres surrounding the Hyatt Chesapeake Bay Resort in Cambridge.

The partnership is between Herndon, Va.-based Crimson Partners and D.C.-based real estate investment companies Rock Creek Property Group and the Bernstein Cos.

The team, called River Marsh LLC, bought the land for an undisclosed sum in an ...

Read the full story at Baltimore Business Journal

1 comment:

Anonymous said...

cambridge i on life support, the town is dieing. high end development wont help.
business development may help, but people will fight it in that area