$199M Financing for 11-Property Maryland Portfolio
CBRE Capital Markets’ Debt & Structured Finance team arranged a $199 million loan on behalf of San Diego-based Strata Equity Group for its purchase of an 11-property apartment portfolio. All 1,731 units are located within a master-planned community of St. Charles, MD, 13 miles from the Washington DC Beltway.
CBRE’s Bill Chiles, Scott Peterson and Brian Cruz, along with David Webb and Maxi Thiels Leachman, secured the aggressively priced 12-year, interest-only loans with Fannie Mae. CBRE’s Mike Muldowney and Michael Rudolph represented the seller, DC-based Federal Capital Partners.
Peterson says, “The portfolio is a unique opportunity to purchase 11 assets of varying ages and class in one submarket. The purchase allows Strata to materially expand its presence into a new geographic market, as well as take advantage of best in market loan terms given such great economies of scale.”
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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