Federal Capital, Angelo Gordon & Co. Sell 2 Apartment Communities In Maryland

Federal Capital Partners and New York-based Angelo, Gordon & Co. sold the Grove Park, which is a 684-unit garden-style residential community in Gaithersburg, Md and the 858-unit Charleston Manor apartment community in Ellicott City, Md. Grove Park was sold to an affiliate of Avalon Bay. An affiliate of Home Properties is now the owner of Charleston Manor.

DealsNorth AmericaUSBriefs