In four Italian regions, including two that are home to Aviano Air Base and Naval Air Station Sigonella, people who are not vaccinated won’t be able to travel outside of work or health reasons in most cases.
BETHESDA, MD - Washington Property Company (WPC) has acquired The Mark, a 227-unit apartment tower in Alexandria, VA, for $52.7 million.
The seller, an affiliate of Northpoint Realty Partners, was represented by Brian Crivella, Walter Coker, and Bill Gribbin, who recently joined Berkadia. Jimmy Conley and Drake Greer of JLL represented WPC in procuring financing.
“This is WPC’s first acquisition of an existing multifamily property,” said Quinn Rounsaville, Senior Vice.
WASHINGTON, DC - JLL Capital Markets announced today that it has arranged $34.34 million in financing for the acquisition of The Mark, a 227-unit, mid-rise, value-add multi-housing community located in the Washington, D.C. community of Alexandria, Virginia.
JLL worked on behalf of the borrower, Washington Property Company, to secure a three-year, floating-rate, non-recourse, bridge loan with one-year extensions through MetLife Investment Management.
The Mark contains 34 unrenovated units, 90.
Jones Lang LaSalle Inc. (via Public) / $34.34M in financing secured for DC-area multi-housing property publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.