Vivo Investment Group Acquires 710-Key Hotel Complex in Baltimore, MD

Vivo | April 19, 2022

Plans Major Conversion to Create Needed Downtown Housing El Segundo, CA (April 19, 2022) – Vivo Investment Group (“Vivo”) has acquired the dual-branded Holiday Inn and Radisson Hotel in Downtown Baltimore’s Inner Harbor with plans to convert the twin tower high-rise property into a multifamily community. The vacant hotel towers occupying an entire city block at 105 W. Fayette Street will be rebranded as Vivo Baltimore and will offer studio, one- and two-bedroom units with amenities found in Class A apartments at rents more affordable than the competitive set in the area. “Some renters in Baltimore are spending 50% of their income...