Baltimore’s largest development is undergoing an ownership shake-up. 
Kevin Plank’s Sagamore Ventures and Goldman Sachs, the longtime owners of the 235-acre Baltimore Peninsula, are handing over the undeveloped portion of the site to lender Bank OZK as their $66M loan comes due, the firms told Bisnow Wednesday. 
The partnership is retaining ownership of the 1.1M SF of mixed-use development built on the site over the last several years, and it is bringing on one of the world’s largest real estate investors as the new asset manager: Hines.