Amazon Housing Equity Fund Provides $310M Construction Loan For Barcroft Apartments In Arlington, VA

The Barcroft Apartments, located at 1130 S George Mason Dr. in Arlington, VA, have secured a construction loan worth $310,000,000. The loan was provided by the Amazon Housing Equity Fund, in collaboration with Catherine Buell from the Arlington County Industrial Development Authority and PNC Bank. The multifamily property spans across 60 acres.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $310,000,000
• Address: 1130 S George Mason Dr.
• Market: Arlington, VA
• Lender: Amazon Housing Equity Fund - Catherine Buell, Arlington County Industrial Development Authority & PNC Bank
• Landlord: Barcroft Apartments
• Loan Type: Construction

Catherine Buell, representing the Arlington County Industrial Development Authority, played a key role in facilitating the loan for the Barcroft Apartments. This significant funding will support the construction of the property and contribute to its future success.