Real Estate
Locks in competitive interest rate amid a volatile market BETHESDA, Md., Dec. 21, 2022 /PRNewswire/ -- Eastern Union, one of the country's largest commercial real estate finance companies, has arranged the $39,723,000 refinancing of Washington & Lee Apartments, a 369-unit multifamily complex in Arlington, VA. The Fannie Mae financing was secured by managing director David Merkin of Eastern Union's Mid-Atlantic Group based in Bethesda, MD. Washington & Lee Apartments comprise 61 three-story, garden-style apartment buildings representing 313,578 rentable square feet. Built in 1948, it is located at 2200 North 2nd Street. The owner is Aubinoe Management based in Rockville, MD.