"The River Pointe transaction was a deal that generated a significant interest in the lending community," says LJ Melody Washington, DC Office director Maury Zanoff. LJ Melody is the real estate banking division of real estate services firm CB Richard Ellis. "We received several quotes with favorable financing terms from lenders who were eager to work with Boone and finance this highly accessible and striking multifamily property. High leverage acquisition financing for a multifamily property demonstrates the appetite of the capital markets for product in Prince George's County."
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