Last Updated: June 28, 2005 07:54pm ET

$54M Loan Closing Will Lead to Condo Conversion

By Barbra Murray

ARLINGTON, VA-The closing of a $54-million financing deal paves the way for a condominium conversion project. Corus Bank's loan to Athena Amazing Arlington LLC will allow the borrower to purchase the 190-unit Metropolitan at Arlington multifamily complex and finance the conversion to a condominium property.

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