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40 Patterson Street Northeast
FINANCED

Cushman & Wakefield Facilitates $68.5M Financing For SoNYa Multifamily Tower

40 Patterson Street Northeast

MultiFamily
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Summary

Loan
NATIONAL
MultiFamily

The property involved in the transaction is a multifamily asset located at 40 Patterson Street Northeast in Washington, DC. The asset comprises 321 apartments within a recently built 14-story residential tower. Amenities of the development include a rooftop pool, outdoor penthouse area, fitness center, multistory lobby with lounge space, and work pods. The loan amount secured through Greystone for this property is $68,500,000.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $68,500,000
  • Units: 321
  • Lender: Greystone
  • Broker: Cushman & Wakefield

Cushman & Wakefield played a crucial role in facilitating the closing of Fannie Mae financing valued at $68.5 million for SoNYa. The residential tower located in NoMa boasts modern amenities that cater to the needs of its residents, including a variety of recreational and social spaces. This deal highlights the collaboration between various parties involved in the real estate financing process.

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Greystone
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Details

Deal Summary
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FINANCED
IMAGE: 06/06/2024 ADDRESS: 40 Patterson Street Northeast MARKET: Washington, DC ASSET TYPE: Multifamily ~ UNITS: 321 LENDER: Greystone BROKER: Cushman & Wakefield LOAN AMOUNT: $68,500,000 NOTE: Cushman & Wakefield has facilitated the closing of Fannie Mae financing worth $68.5 million for SoNYa, a recently built 14-story residential tower located in NoMa. The loan, secured through Greystone, supports the development's amenities, including 321 apartments, a rooftop pool, outdoor penthouse area, fitness center, multistory lobby with lounge space, and work pods.

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Address40 Patterson Street Northeast

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