Jones Lang LaSalle Arranges $28M Loan for DC Apartments
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(Mark Your Calendars: RealShare Apartments East, February 15th in Washington, DC).
WASHINGTON, DC-Citybizlist.com has reported that the capital markets group at Jones Lang LaSalle Inc. has arranged $28.45 million in permanent loan for the Massachusetts House Apartments. Jones Lang LaSalle has arranged the loan on behalf of owner Peter N.G. Schwartz.
The apartment building, which contains 274 units, is situated in Northwest DC and is 98.5% occupied. Jones Lang LaSalle arranged the mortgage with Grandbridge Real Estate Capital LLC. For the full story, go to Washington Business Journal .
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Categories: Mid-Atlantic, Multifamily, Scope, Washington, DC
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