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Pantzer Properties Buys Germantown Apartment For $88M

The New York-based firm is financing the property through Freddie Mac, whose debt was secured by HFF.

Rolling Hills. Photo by Nick Waring.

GERMANTOWN, MD–Pantzer Properties has picked up another Washington DC area apartment asset with its purchase of Rolling Hills, a 468-unit community, for $87.75 million.

HFF marketed the property on behalf of the seller, Clark Enterprises. HFF also secured debt financing for Pantzer through Freddie Mac. The securitized loan will be serviced by HFF, which is a Freddie Mac Multifamily Approved Seller/Servicer for Conventional Loans.

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Erika Morphy

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.

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