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Progress Capital Arranges $25.1M Loan For Multifamily Property In Middle River, MD

303 Holly Drive
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This MultiFamily property located in MD received a loan of $25,106,000 almost 4 years ago. The broker of the deal was Brad Domenico

A $25,106,000 loan was secured for the acquisition of a multifamily property located at 303 Holly Drive in Middle River, MD. The loan was obtained on May 20, 2021, with a term of 10 years. It is a Fannie Floater loan with interest-only payments and a sub 2.85% interest rate.

Summary of transaction details:

Brad Domenico, representing Progress Capital, played a key role in facilitating the successful execution of this loan. The deal was made possible thanks to the expertise provided by Eric Regenbogen.

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Deals
  • Location
    Holly Drive, Middle River, MD, USAHolly Drive, Middle River, MD, USA
  • Loan Value
    $25,106,000$25,106,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Brad Domenico

Brad Domenico

Deals114
Financed$2.1B

Agency

Progress Capital

Progress Capital

Agency
Deals382
Volume$4.9B

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Deal Summary

LOAN IMAGE: Brad Domenico DATE: 05/20/2021 ADDRESS: 303 Holly Drive MARKET: Middle River, MD ASSET TYPE: Multifamily BROKER: Brad Domenico @Domenico317 - @Progress.Capital LOAN AMOUNT: $25,106,000 TERM: 10yr Fannie Floater with Interest only, sub 2.85% rate NOTE FROM @Progress.Capital: Thanks to Eric Regenbogen (@eric_regz) for providing an excellent execution!

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303 Holly Drive

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