REBusinessOnline

MARYLAND APARTMENT SECURES $10 MILLION LOAN FOR EXPANSION

JOPPATOWNE, MD. — Tal Savariego of Meridian Capital Group’s New York City office has arranged a $10 million loan for an expansion of the 300-unit Harborside Apartments in Joppatowne. The expansion will accommodate the influx of workers expected to help with the nearby Aberdeen Proving Ground’s base realignment campaign. The loan comes with a 3-year, interest-only term. Harborside, the only multifamily property in Joppatowne, was built in the mid-1970s.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties