Eastern Bank Provides $28.4M Permanent Financing For Mitchellville Multifamily Property

A multifamily property located at 11411 Lake Arbor Way in Mitchellville, MD has received permanent financing from Eastern Bank in the amount of $28,370,000. The property is owned by Mitchellville, MD and the transaction was facilitated by brokers Jamie Leachman, Jacqueline Meagher, Madeline Joyce, and David Sloan from JLL.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $28,370,000
• Lender: Eastern Bank
• Landlord: Mitchellville, MD
• Brokers: Jamie Leachman, Jacqueline Meagher, Madeline Joyce, and David Sloan - JLL

The loan provided by Eastern Bank will enable the successful completion of the acquisition or refinancing of the multifamily property located at 11411 Lake Arbor Way in Mitchellville, MD. The involvement of brokers Jamie Leachman, Jacqueline Meagher, Madeline Joyce, and David Sloan from JLL highlights their expertise in facilitating such transactions.