Goldman Sachs commits $233 mln in Port Covington project

Goldman Sachs has committed $233 million to the Baltimore-based Port Covington redevelopment project. Sagamore Development and the Goldman Sachs Urban Investment Group have agreed to jointly own the project and develop the infrastructure in Port Covington, which will include new residential housing and new businesses. Sidley Austin LLP represented Goldman Sachs on the transaction.

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