REBusinessOnline

WRIGHTWOOD CAPITAL INVESTS $23 MILLION FOR MARYLAND MULTIFAMILY PROPERTY

GREENBELT, MD. — Wrightwood Capital High Yield Partners II has closed a $23 million preferred equity investment for the recapitalization and renovation of Empirian Village Apartment complex with Fieldstone Properties. Completed in 1973, the 2,877-unit garden-style apartment complex is located on 155 acres in Greenbelt. Concurrent with Wrightwood's equity investment, Freddie Mac provided a 7-year, $241.5 million first mortgage.

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

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