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Washington DC & Mid-Atlantic  + Finance  |  July 27, 2020
David Cohen
By: David Cohen

Hunt Real Estate Secures $6M Refinancing for Metro Baltimore MF Community

Hunt Real Estate has provided a $6.4 million Fannie Mae refinancing loan for Glen Burnie Town Apartments, a 54-unit multifamily community in Glen Burnie.

Located at 201 Crain Highway N., the property is 10 miles south of downtown Baltimore. The community was built in 2000 and features two- and three-bedroom floor plans. Amenities include a fitness center, courtyard and community room. Promark Real Estate Services manages the property.

The 12-year loan features a fixed interest rate and four years of interest-only payments. Additionally, the closing provides $125,000 for renovations, including resurfacing a concrete courtyard and upgrading units.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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