trending Market Intelligence /marketintelligence/en/news-insights/trending/x23PvdEx-iyU6W_iKqfeDQ2 content esgSubNav
In This List

Mack Real Estate provides $73M refinancing for Washington, DC, asset

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Mack Real Estate provides $73M refinancing for Washington, DC, asset

Meadow Partners and Trammell Crow Co.'s High Street Residential subsidiary obtained a $72.6 million mortgage loan from Mack Real Estate Credit Strategies to refinance their multifamily development in Washington, D.C., Commercial Observer reported.

The new financing replaces previous construction debt on the 221-unit Valo Apartments project at the corner of M Street SW and Delaware Avenue SW. The funds will also support the asset's leasing and stabilization, the Jan. 7 report added.

Spokespeople at Meadow Partners and Trammell Crow could not be immediately reached for comment on the deal, according to the publication.