in News > Commercial Mortgage
print the content item
Commercial real estate and capital markets services firm HFF has secured $121.6 million in financing for the development of a nine-story building on 8300 Wisconsin in Bethesda, Md.

Slated for completion in 2015, the structure will occupy an entire city block and will include 359 luxury apartment residences and a Harris Teeter grocery store. Community amenities will include a courtyard, rooftop swimming pool, rooftop demonstration kitchen, clubroom, fitness center, business center and 24-hour concierge services.

HFF worked on behalf of StonebridgeCarras, a privately held real estate investment and development firm, to secure the construction financing through Wells Fargo Bank.

To view more of HFF's recent transactions, click here.




Latest Top Stories

Freddie Mac: Great Year So Far For Apartment Construction

Construction of condominium complexes is "scant," at least in comparison to 2006, and single-family construction is just "chugging along," Freddie Mac reports.


'Access To Affordable Mortgages Act' Introduced In The House

Rep. Blaine Luetkemeyer, R-Mo., recently introduced the Access to Affordable Mortgages Act, which aims to exempt certain higher-risk loans from property appraisal requirements under the Truth in Lending Act.


Black Knight: HELOC Reset Storm Approaching

A report from Black Knight Financial Services shows that at least 2.5 million HELOCs will face resets over the next several years, resulting in an average increase of $250 per borrower monthly payment.


CFPB Selects Vendors And Lenders For Its Mortgage E-Closing Pilot

Five technology firms and seven lenders will participate in the CFPB's e-closing pilot, which will explore the viability of developing a standard process for closing mortgages using technology.


BofA To Pay Nearly $17 Billion To Resolve Mortgage Bond Probe

The agreement with the U.S. Department of Justice eclipses the $13 billion settlement JPMorgan Chase reached with federal and state authorities over similar allegations last November.

Urban Lending_id1351
Hse SandyHook
Industry Resource
Play for Pink
SWBC_id1313
Safeguard_id1322
FedHomeLoan_id1341