Residents Secure $63.2M Loan For Worthington Woods Apartments Renovation | 607 Worthington Forest Place | MultiFamily | Loan

Summary

Loan

OHIO

MultiFamily

The Worthington Woods Apartments, located at 607 Worthington Forest Place in Columbus, Ohio, has secured $63.2 million in tax-exempt bonds from the District's Housing Finance Agency (DCHFA) for a planned $134 million renovation. The property is a multifamily asset consisting of 394 units. Christopher E. Donald of the DCHFA facilitated the loan.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $63,200,000
Units: 394
Address: 607 Worthington Forest Place
Market: Columbus, OH

Christopher E. Donald, representing the District's Housing Finance Agency (DCHFA), played a crucial role in securing the $63.2 million tax-exempt bond loan for the renovation of the Worthington Woods Apartments in Columbus, Ohio. This substantial loan will greatly support the planned $134 million renovation project, aimed at improving the affordable housing building in Washington, D.C.

Details

Deal Summary

FINANCED

IMAGE: Christopher E. Donald DATE: 06/29/2023 ADDRESS: 607 Worthington Forest Place MARKET: Columbus, OH ASSET TYPE: Mulifamily ~ UNITS: 394 LENDER: District’s Housing Finance Agency (DCHFA) - Christopher E. Donald LOAN AMOUNT: $63,200,000 NOTE: Residents of the Worthington Woods Apartments, an affordable housing building in Washington, D.C., have secured $63.2 million in tax-exempt bonds from the District's Housing Finance Agency for a planned $134 million renovation.

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Address607 Worthington Forest Place

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