The asset involved in this transaction is a 200-unit MultiFamily property located at 21901 Garganey Terrace in Ashburn, VA. The loan amount associated with this refinancing is $89,200,000. The transaction is significant as it is part of Acore Capital's refinancing efforts for CityHouse Ashburn Station, reflecting the strong demand for luxury build-to-rent properties in the Northern Virginia market.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $89,200,000
• Loan Type: Refinance
• Lender: Eric Ramirez - Acore Capital
• Landlord: Mark Taylor - American Real Estate Partners, Rithm Capital & GreenBarn Investment Group
• Broker: Joe Donato - Newmark
• Loan Date: 04/24/2025

This transaction was supported by Eric Ramirez from Acore Capital, who facilitated the refinancing process. Mark Taylor represents the Landlord interests across multiple firms, including American Real Estate Partners, Rithm Capital, and GreenBarn Investment Group, displaying a collaborative effort among notable investment groups. Joe Donato from Newmark acted as the broker, assisting in the successful execution of the deal.