MASSCOURT EAST END RECEIVES $92.6M IN FINANCING

by admin

WASHINGTON, D.C. — MassCourt East End, a 371-unit luxury multifamily community
in Washington, D.C.’s Mount Vernon Triangle neighborhood, has received $92.6 million
in financing. The property at 300 Massachusetts Ave. is 96 percent leased and features
studio, one- and two-bedroom units. Kevin MacKenzie and Cary Abod of HFF secured
the financing on behalf of the borrower, TIAA-CREF, through M&T Realty Capital Corp.
and Fannie Mae. TIAA-CREF used the financing to acquire MassCourt East End.

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