Corner Lot Advisors Secures $34.5M Loan From Lument For Bethesda Multifamily Acquisition

The 245-unit apartment building located at 8200 Wisconsin Avenue in Bethesda, MD was part of an acquisition deal where Corner Lot Advisors secured a $34.5 million loan from Lument. The financing, provided by Freddie Mac, facilitated the acquisition of the multifamily asset.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $34,500,000
• Units: 245
• Lender: Lument
• Landlord: Corner Lot Advisors
• Loan Type: Acquisition

Corner Lot Advisors, the landlord in this transaction, successfully secured the $34.5 million loan from Lument for the acquisition of the apartment building at 8200 Wisconsin Avenue in Bethesda, MD. Lument acted as the lender, facilitating the financing deal for the multifamily property.