Blue Ocean portfolio grows with $50M purchase in Greenbelt

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A Pikesville real estate firm last week closed on a nearly $50 million apartment complex in Greenbelt, adding to its growing portfolio. Blue Ocean Realty's purchase of the Hanover closed last week, said Evan Gallant, the firm's director of investments, on Monday. The Hanover is located at 7232 Hanover Parkway. The company first formed in 2004 and today its portfolio totals $375 million with 3,750 multi-family units and 2 million square feet of commercial space, all in Maryland, Gallant said. Blue...

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