Enterprise Community Development Secures $105 Million Loan For Multifamily Property In Columbia, MD

An multifamily property located at 10339 Twin Rivers Road in Columbia, MD has been involved in a recent loan transaction. The property consists of 153 units and has been acquired by Enterprise Community Development, the landlord, for a loan amount of $105,000,000. The loan was provided by Bank of America, Maryland Community Development Administration, Bellwether Enterprise, and Community Homes.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $105,000,000
• Address: 10339 Twin Rivers Road
• Market: Columbia, MD
• Units: 153
• Lender: Bank of America, Maryland Community Development Administration, Bellwether Enterprise, and Community Homes
• Landlord: Enterprise Community Development

In addition to the loan details, the key individuals and companies involved in this deal include Enterprise Community Development as the landlord. The loan was secured through the collaboration of Bank of America, Maryland Community Development Administration, Bellwether Enterprise, and Community Homes.