Corten Real Estate & Real Asset Industries Lands $17.47M Fannie Mae Loan For Gardens Of Annapolis

The asset involved in this transaction is Gardens of Annapolis, a 106-unit active adult community located at 931 Edgewood Road in Annapolis, MD. The property has been financed with a loan amount of $17,470,000 for acquisition purposes through Fannie Mae.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $17,470,000
• Address: 931 Edgewood Road
• Market: Annapolis, MD
• Lender: Fannie Mae
• Landlord: Corten Real Estate & Real Asset Industries
• Brokers: Austin Sacco, Steve Muth & Alec Rosenfeld - Berkadia

This transaction was facilitated by Berkadia, who played a key role in arranging the financing for the acquisition on behalf of Crow Holdings.