Important Housing Update
Updated Thursday, February 27, 2025
Since 2004, the University of Maryland, Baltimore (UMB) has provided two on-campus housing options for the University community: Fayette Square and Pascault Row.
In December 2022, UMB informed the campus community of their strategic decision to sell Fayette Square. You can read the December 2022 communication on The Elm.
On Feb. 26, 2025, the University announced that Zahlco Management had been identified as the buyer of Fayette Square, with the sale date finalized for Friday, Feb. 28, 2025. At that time, ownership transitioned from UMB to Zahlco, who rebranded Fayette Square as 500 W. The Feb. 26 communication also announced that the University had decided to sell Pascault Row. You can read the February 2025 communication on The Elm.
UMB has communicated this update directly to current residents and will keep residents informed as the closing date approaches and after the sale, as needed.