City: Bethesda
EagleBank Lends $94Mln for First Phase of North Bethesda, Md., Apartment Complex
EagleBank has provided $94 million of financing for the 220-unit first phase of the Strathmore Square apartment complex in North Bethesda, Md. The first phase will involve the construction of two buildings, with 49 and 171 units, respectively. A total ...
Carr Venture Puts D.C.-Area Apartments on Sales Block
Commercial Real Estate Direct Staff Report A venture led by Carr Properties has put the Elm apartment property, with 456 units in downtown Bethesda, Md., on the sales block. The venture, with Insight Property Group of Arlington, Va., has tapped ...
Grosvenor Buys Bethesda, Md., Apartments for $95Mln
Commercial Observer Grosvenor has acquired Grosvenor Tower, a 237-unit apartment building in Bethesda, Md., for $95 million, or $400,843/unit. AvalonBay Communities, an Arlington, Va., multifamily REIT, sold the property, which was built in 1997 and renovated in 2008. Berkadia brokered ...
276-Unit Apartment Property to Break Ground in Bethesda, Md.
Baltimore Business Journal A venture of Duball LLC, Daiwa House Group and Lenkin Co. will break ground in the second quarter on St. Elmo, a 276-unit apartment property in Bethesda, Md. Eagle Bank provided $85.55 million of financing for the ...
BofA Lends $69Mln Against 198-Unit Apartment Project in Bethesda, Md.
Bisnow Bank of America has provided $69 million of construction financing against a 198-unit apartment project in Bethesda, Md. Washington Property Co., a Bethesda real estate company, is developing the 22-story property and plans to break ground on the project ...
Foulger-Pratt Breaks Ground on 343-Unit Apartment Project in Bethesda, Md.
Bisnow Foulger-Pratt has broken ground on Rae at Westlake, a 343-unit apartment property in Bethesda, Md. The Potomac, Md., developer plans on completing the project in the third quarter of 2023. The five-story building is being built at the intersection ...
LCOR Secures $72Mln Loan Against North Bethesda, Md., Apartments
Commercial Observer LCOR has secured $72 million of financing against the 312-unit Wentworth Apartment Homes in North Bethesda, Md. BayernLB, a German bank, provided the loan, which was arranged by Newmark. LCOR developed the property, at 5411 McGrath Blvd., in ...
Federal Realty Plans More Apartments for Mixed-Use Complex in Bethesda, Md.
Bisnow Federal Realty Investment Trust is planning another apartment property for its Bethesda Row mixed-use development in Bethesda, Md. The building would have 275,000 square feet of space and stand 70 feet. But the Rockville, Md., REIT hasn't yet disclosed ...
Northwestern Mutual Lends $58Mln Against Bethesda, Md., Apartments
Commercial Observer Northwestern Mutual Life Insurance Co. has provided $58 million of financing against the 253-unit Whitney apartment property in Bethesda, Md. A venture that includes Polinger Co. of Chevy Chase, Md., owns the property at 7707 Wisconsin Ave. Units ...
Bozzuto Plans 83-Unit Apartment Project in Bethesda, Md.
Washington Business Journal Bozzuto Development has proposed building an 83-unit apartment property in downtown Bethesda, Md. The building, at the intersection of Wisconsin Avenue and Cheltenham Drive, would replace a single-story car repair shop. The Montgomery County, Md., Planning Board ...
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