Whispering Woods Playing Up its Short Game thepilot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepilot.com Daily Mail and Mail on Sunday newspapers.
Stamford, CT-based OneWall Partners secured $76 million in acquisition financing for its purchase of two suburban multifamily communities.
Brad Domenico, Partner at Progress Capital arranged the loans from Arbor Commercial Mortgage through Fannie Mae’s SARMS product.
OneWall Partners secured a $50,985,000 acquisition loan to purchase a 39-acre site located at 37 Alberge Lane, formerly Whispering Woods (pictured top). The property has been rebranded Hopkins Point, is 98 percent occupied and contains 524 market-rate townhomes featuring one, two and three-bedroom units.
Domenico also arranged a $25,106,000 acquisition loan for the purchase Oak Grove Apartments & Townhomes located at 303 Holly Drive. The 17-acre property is 94 percent occupied and is comprised of 22 market-rate apartment buildings with 259 units, plus 88 townhomes.
A Connecticut-based real estate firm has acquired two rental housing complexes in Middle River for more than $96 million, including an apartment complex owned by the Kushner Cos., the real estate firm that had been led by former President Donald Trump’s son-in-law.
Connecticut-based real estate firm acquires former Kushner-owned apartment complex in Middle River baltimoresun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltimoresun.com Daily Mail and Mail on Sunday newspapers.