Mesa Capital Partners Secures $37 Million Fannie Mae Loan For 234-Unit Commonwealth Apartments

The property involved in this transaction is the Commonwealth Apartments, a multifamily asset located at 5401 Commonwealth Centre Parkway, Midlothian, VA. The property comprises 234 units and was involved in an acquisition loan transaction amounting to $37,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $37,000,000
• Location: 5401 Commonwealth Centre Parkway, Midlothian, VA
• Units: 234
• Landlord: Mesa Capital Partners
• Loan Type: Acquisition
• Loan Amount: $37,000,000

The deal was facilitated by Berkadia, with brokers Hunter Wood, Miles Drinkwalter, Natalie Hershey, Patrick Cunningham, and Patrick McGlohn representing the interests of Mesa Capital Partners in securing the acquisition loan through Fannie Mae.