Howard Hughes Corp. Secures $83M Loan for Maryland Apartments
Howard Hughes Corp. Secures $83M Loan for Maryland Apartments The community in Columbia, Md., will be part of a 14 million-square-foot master-planned development called the Merriweather District. May142021 Image courtesy of JLL Capital Markets Howard Hughes Corp. has secured an $82.6 million construction loan to begin developing Marlow Apartments, a 472-unit community in downtown Columbia, Md. JLL Capital Markets worked on behalf of an affiliate of the company to secure the floating rate loan for a four-year initial term with a one-year extension. The property will be buil...
Source: multihousingnews.com