Archstone Wisconsin Place Gets $152M Fannie Mae Loan

CHEVY CHASE, MD-Beech Street Capital LLC has provided $152 million in Fannie Mae loan for a multifamily property in Maryland.

By GlobeSt News Hub | September 12, 2012 at 01:01 AM

CHEVY CHASE, MD-Beech Street Capital LLC has provided $152 million in Fannie Mae loan for a multifamily property in Maryland. Archstone Inc. secured the loan to refinance Archstone Wisconsin Place in Chevy Chase.

The 432-unit apartment community is situated in Wisconsin Place. It was constructed in 2008. Marsha Baumgarner from Beech Street said that it was the first time Englewood, Colorado-based Archstone has utilized the Fannie Mae loan documents. Archstone recently bought two multifamily properties and broken ground on two more in California. For the full story, go to Commercial Property Executive .

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