CENTERLINE CLOSES $328M FREDDIE MAC LOAN

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WASHINGTON, D.C. — Centerline Capital Group has secured a $328 million Freddie Mac CME structure to finance a portfolio of eight multifamily properties in suburban Washington, D.C. The owner is DP Portfolio Investors, a joint venture between Pantzer Properties and Dune Real Estate Partners, which purchased the portfolio in early 2011. The properties total 2,580 units and are located in Alexandria, Ashburn, Herndon, Leesburg and Massas, Va., and in Gaithersburg and Germantown, Md. John Beam of Centerline's Atlanta office originated the transaction.

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