DBBM ARRANGES $49.5M MULTIFAMILY ACQUISITION LOAN

by admin

ARLINGTON, VA. —Deutsche Bank Berkshire Mortgage has secured $49.5 million in acquisition financing for the 217-unit Twenty400, a multifamily property located at 2400 24th St. S. in Arlington, on behalf of the borrower, a joint venture between UDR and Kuwait Finance House. The 5-year, interest only loan was arranged through Fannie Mae.

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