Club Quarters May Be Trading to Qatar Company Al Sraiya Holding Al Sraiya Holding Group Club Quarters Mowbray Court Hotel The Marriott Munich New York Life Provides $140M Loan for The Apartments at CityCenterDC
WASHINGTON, DC—New York Life Real Estate Investors is providing a $140 million loan financing the leasehold interest in The Apartments at CityCenterDC, a 458-unit multifamily building that is part of the mixed-use development by Hines and Qatari Diar. The loan, which has a fixed rate and a term of 10 years, is on behalf of institutional investors. “This loan represents the type of collateral we seek to have within our commercial loan portfolio,” said Eric Becher, senior director and head of New York Life Real Estate Investors' Northeast Regional Office.
Club Quarters May Be Trading to Qatar Company Al Sraiya Holding Al Sraiya Holding Group Club Quarters Mowbray Court Hotel The Marriott Munich WASHINGTON, DC—
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
