Redbrick LMD Secures $129.4M Refinancing For Amberleigh Apartments In Fairfax VA

The asset involved in this transaction is Amberleigh Apartments, a 752-unit multifamily property located at 8301 Anderson Drive in Fairfax, VA. The refinancing secured a loan amount of $129,400,000, which includes a $113,800,000 Freddie Mac loan and $15,600,000 in preferred equity. The property is situated in a prime Northern Virginia location with strong transit access and proximity to major employers.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $129,400,000
• Lender: Freddie Mac
• Landlord: Redbrick LMD
• Brokers: Brian Gould, Natalie Hershey, Patrick McGlohn & Miles Drinkwalter - Berkadia

Berkadia undertook the arrangement of the $129.4M refinancing for this property, highlighting the collaborative efforts of the brokers involved in the transaction. The deal consolidates various funding mechanisms, including significant loans and preferred equity to support the refinancing needs of Redbrick LMD for their multifamily property.