Linden Property Group Secures $17.7 Million Refinance From Freddie Mac For 156-Unit MultiFamily In Richmond

The asset involved in this transaction is a 156-unit multi-family townhome community located at 628 Windomere Avenue in Richmond, VA. A refinance loan of $17,700,000 was secured through Freddie Mac, with a loan type detailing a five-year, fixed-rate structure and amortization over 30 years.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $17,700,000
• Address: 628 Windomere Avenue
• Market: Richmond, VA
• Lender: Freddie Mac
• Landlord: Linden Property Group
• Loan Type: Refinance
• Loan Terms: Five-year, fixed-rate loan, amortized over 30 years
• Brokers: Keith Wells & Win Martin - NorthMarq

NorthMarq’s Richmond Debt + Equity team, led by Keith Wells and Win Martin, played a crucial role in securing the refinance loan for Linden Property Group at Parkside. This deal was coordinated in conjunction with NorthMarq’s national Freddie Mac Agency Team, highlighting the collaboration involved in this financial arrangement.