Oaks Hospitality Group acquires historic 1840s Plaza in Baltimore

The acquisition was the hospitality group’s first purchase financed with a U.S. Small Business Administration-backed loan. The final purchase price was not disclosed, and the deal reportedly closed in October 2026. The venue expands Oaks Hospitality Group’s boutique lodging and event operations while adding a major Black-owned venue to Baltimore’s hospitality market.

• hospitality
• acquisition
• baltimore
• black-owned business