An affiliate of Livingston Street Capital, a private equity firm, has acquired Alta at Regency Crest, a 150-unit active adult multifamily community in the greater Baltimore submarket of Ellicott City.

Situated near healthcare, retail and transportation, Alta at Regency Crest rises four stories and offers one-, two- and three-bedroom floor plans.

Livingston Street Capital’s affiliate acquired the asset from a private multifamily developer. The price was not disclosed.

This acquisition comes on the heels of three recent active adult living property acquisitions by Livingston affiliates, including Schuyler Commons, a 144-unit community in Utica, New York; Glenmont Abbey Village, a 148-unit community near Albany, New York; and Hanover Place, a 150-unit community in the Chicago suburb of Tinley Park, Illinois.

Read More