Connect News Commercial Real Estate news for every market and every facet, every day.
Connect Events Live and virtual events bringing together the best of information and networking.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.
Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Washington DC CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Washington DC  + Finance  |  June 4, 2020
Avatar photo
By: David Cohen

KeyBank Secures $67M Refinancing for Elkridge MF Property

KeyBank Real Estate Capital has secured a $66.7 million loan to refinance Verde at Howard Square II, a 344-unit, mid-rise multifamily community in Elkridge.

Built in 2019, the property is comprised of eight, four-story residential buildings on more than 20 acres of land. Amenities include covered parking, a business center, clubhouse, fitness center, swimming pool with lounge deck, game room and dog-washing room.

Dirk Falardeau of KeyBank’s Commercial Mortgage Group secured the financing on behalf of the borrower, Atapco Properties. Terms of the Freddie Mac loan included a 16-year term, subsequent to a 10-year, interest-only period on a 30-year amortization schedule.

Subscribe to Connect Daily National

For comments, questions or concerns, please contact David Cohen

Connect

Inside The Story

Connect With KeyBank’s FalardeauConnect With Atapco Properties

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.
Order Reprints

CRE courses for CE credits

Get CE course credits, centered around all things CRE. View our courses today!

View all CRE courses