29th Street Capital And Willton Investment Management Secure $232.7M Loan From Fannie Mae For Multifamily Acquisition In MD

The acquisition involves three apartment buildings located at 4401 Telfair Boulevard, 9400 Grand Boulevard, and 4451 Telfair Boulevard in the Largo & Camp Springs, MD market. The properties are classified as MultiFamily assets, built between 2015-2019, and encompass over 1,200 residential units situated in popular, affordable locations near transit.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $232,700,000
• Lender: Fannie Mae
• Landlord: 29th Street Capital & Willton Investment Management
• Brokers: Shahin Yazdi & Jonathan Lee - Colliers
• Loan Type: Acquisition
• Date: 02/24/2026

A joint venture consisting of 29th Street Capital and Willton Investment Management facilitated the acquisition of these assets with financing secured from Fannie Mae, highlighting the collaboration between the two investment firms for this venture.