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Kushner Cos. has paid $46 million, or nearly $217,000/unit, for the 212-unit Spotswood Commons apartment property in Williamsburg, Va. The New York investor bought the 19-year-old property, at 100 Glenburnie Road, from Dolben Co. of Woburn, Mass., which was represented ...
Preferred financed its purchase with a $31.6 million Freddie Mac loan arranged by Berkadia Commercial Mortgage. The 10-year loan pays a rate of 4.31 percent and amortizes on a 30-year schedule.
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