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Berkadia has provided $44.9 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program for Affinity on Georgia, a 210-unit apartment property in Silver Spring, Md. The loan allows the property's owner, Foulger-Pratt of Potomac, Md., ...
The property has been renamed Arrive Silver Spring. FPA funded its purchase with a total of $179.3 million of mortgage financing from Northwestern Mutual Life Insurance Co. A $118.4 million loan was placed against the Silver Spring property and a ...
Commercial Observer MetLife Investment Management has provided $80.5 million of financing against the 338-unit Solaire 8250 apartment property in Silver Spring, Md., about six miles from Washington, D.C. Washington Property Co. will use the 10-year, fixed-rate loan to retire construction ...
Commercial Real Estate Direct Staff Report KeyBank has originated a $44 million Freddie Mac loan to help fund Priderock Capital Partners' acquisition of the 256-unit Montclair Apartment Homes in Silver Spring, Md. As reported, the West Palm Beach, Fla., multifamily ...
Priderock Capital Partners has paid $58.7 million, or $229,297/unit, for the 256-unit Montclair Apartment Homes in Silver Spring, Md., about 15 miles northeast of Washington, D.C. The West Palm Beach, Fla., multifamily specialist bought the property from a venture of ...
A Drucker + Falk affiliate has acquired the 240-unit Point at Hampton Hollow Apartments in Silver Spring, Md., for $49 million, or $204,167/unit. The three-story property, at 3408 Hampton Hollow Drive, was built in 1987 and last was owned by ...
Commercial Observer Capital One has originated $513 million of Freddie Mac financing against a portfolio of seven apartment properties with a combined 3,227 units in Maryland, Pennsylvania and Virginia. Meridian Capital Group arranged the financing, which has a 10-year term ...
Commercial Observer Brookfield Property Partners has secured $110 million of financing against Silver Spring Metro Plaza, a 708,000-square-foot mixed-use complex in Silver Spring, Md. Landesbank Hessen-Thuringen Girozentrale provided the loan, which has a five-year term and pays a coupon of ...
The buyer lined up $38.1 million of Freddie Mac financing through CBRE to help fund the purchase.
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