Rosewood at Flower Hill sells in Maryland

Transwestern brokers multifamily deal

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Transwestern Commercial Services on Tuesday announced that its Institutional Multifamily Group brokered the sale of Rosewood at Flower Hill, a 240-unit multifamily community in Gaithersburg, Md. The value of the transaction was not disclosed. Rosewood at Flower Hill, which is located at 18318 Streamside Drive, is a garden-style rental community with 84 one-bedroom units, 130 two-bedroom units and 26 three-bedroom units. The property was remodeled last year. Fairfield Residential sold the property to an affiliate of Rockville, Md.-based Stellar Advisors. Transwestern Commercial Services specializes in agency leasing, property and facility management, tenant representation and corporate advisory services. *** Send a Letter to the Editor for publication.Send a comment or news tip to our newsroom. Please include the headline of the story....