Aubinoe Management Refinances 369-Unit Multifamily Property In Arlington, VA For $39.7M

The multifamily property located at 2200 North 2nd Street in Arlington, VA has recently undergone a loan refinancing transaction. The property, owned by Aubinoe Management, consists of 369 units with a total square footage of 313,578. The loan amount for this refinancing deal amounted to $39,723,000. This loan transaction was facilitated by David Merkin of Eastern Union as the broker representative.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $39,723,000
• Units: 369
• Square Footage: 313,578
• Address: 2200 North 2nd Street, Arlington, VA
• Market: Arlington, VA
• Landlord: Aubinoe Management
• Broker: David Merkin - Eastern Union
• Loan Type: Refinance

This loan refinancing transaction was facilitated by David Merkin from Eastern Union. Aubinoe Management, the landlord, sought to refinance their multifamily property located at 2200 North 2nd Street in Arlington, VA. The transaction involved a loan amount of $39,723,000, securing the financial goals of the landlord. This loan refinancing provides an opportunity for the landlord to potentially improve cash flow or take advantage of favorable interest rates.