10D — March 18 - April 21, 2022 — The Best of 2021 — M id A tlantic Real Estate Journal www.marej.com The LARGEST MULTIFAMILY ACQUISITION of 2021
Progress Capital Multifamily Portfolio Baltimore, MD
Landmark Commercial Realty Buttonwood Apartments The Howard at Danville
Hopkins Point
Size: 783 Units/88 Townhomes Brokers: Brad Domenico, Partner at Progress Capital
Brad Domenico of Progress Capital, a leading commercial mortgage brokerage firm in New Jersey, represented OneWall Partners in securing a acquisition loan to purchase a multifamily portfolio consisting of 783 units and 88 townhomes. Debt financing was provided by Arbor through Fannie Mae’s SARMs product. This is the most recent example of OneWall’s continued efforts to expand their footprint across the Northeast. I’m glad I was able to arrange the financing to make it happen for them.” – Brad Domenico The properties are beautifully landscaped communities with a country-like setting, providing residents with an abundance of amenities. Additionally, the location is 3-miles from retail centers, I-95, I-695 and Route 40 for convenient commuting and shopping.
Buttonwood Apartments
Size: 80,640 SF / 7.20 AC Brokers: Michael Rohm, CCIM, MAI, Senior Associate
The Howard at Danville, LLC recently purchased the Buttonwood Rentals, LLC apart - ment complex containing 72 two-bedroom, one-bathroom units located at 12 Co-op Court, Danville, PA for $10.25 million. The complex, conveniently located near Rt 11, I-80, and the Geisinger Medical Center. 20% of the complex is master leased to Geisinger for their traveling nurses.
RECENTLY CLOSED! $197,000,000 ACQUISITION LOAN Jersey City, NJ
is the POWER CLOSING of PROGRESS
212.400.7151 | info@progresscapital.com | ProgressCapital.com
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