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Tuesday, January 10, 2023

[New post] Eastern Bank Provides $28.37Mln Against 209-Unit Apartment Complex in Mitchellville, Md.

Site logo image Dan Moynihan posted: "Eastern Bank has provided $28.37 million of financing against Lake Arbor Towers, a 209-unit apartment complex in Mitchellville, Md., about 17 miles east of Washington, D.C. JLL Capital Markets arranged the 10-year, fixed-rate loan on behalf of the borr" Commercial Real Estate Direct

Eastern Bank Provides $28.37Mln Against 209-Unit Apartment Complex in Mitchellville, Md.

Dan Moynihan

Jan 10

Eastern Bank has provided $28.37 million of financing against Lake Arbor Towers, a 209-unit apartment complex in Mitchellville, Md., about 17 miles east of Washington, D.C. JLL Capital Markets arranged the 10-year, fixed-rate loan on behalf of the borrower, Dolben Co. of Woburn, Ma. The property, at 11411 Lake Arbor Way, had served as collateral […]

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