Metropolitan Properties Secures $81.4 Million Refinance Loan From MF1 For Multifamily Assets

The transaction involves a multifamily asset situated at 1601 Hutzler Lane and 9202 Owings Park Drive in Pikesville & Owings Mills, MD. The financing structure comprises a refinance loan amounting to $81,400,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $81,400,000
• Lender: MF1
• Landlord: Metropolitan Properties
• Landlord's Representative: Ronnie Levine
• Brokerage: Arrow Real Estate Advisors
• Brokers: Jack McPhail & Alex Ellman

The deal features key participants including Metropolitan Properties as the landlord and Ronnie Levine acting as the landlord's representative. Jack McPhail and Alex Ellman from Arrow Real Estate Advisors are the brokers facilitating this refinancing transaction.