The Breeden Company Secures $81.3M Loan For 863-Unit Multifamily Property In Virginia Beach, VA

The multifamily property located at 2100 Westminster Lane in Virginia Beach, VA has been involved in a recent loan transaction. The property consists of 863 units and is owned by The Breeden Company.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $81,300,000
• Address: 2100 Westminster Lane, Virginia Beach, VA
• Market: Virginia Beach, VA
• Unit Count: 863

The loan for this property was provided in the amount of $81,300,000.

The deal was facilitated by the brokers Patrick McGlohn, Miles Drinkwalter, and Patrick Cunningham from Berkadia, who represented the parties involved in the transaction.