(For more retail coverage, click GlobeSt.com/RETAILto read more on thedebt and equity markets, click here.)
GAITHERSBURG, MD-A financing deal valued at $11.2 million hasclosed for the Washingtonian Waterfront retail project. It is thenewest addition to the 460,000-sf Washingtonian Center.
Suburban Capital Markets Inc. originated and underwrote thefirst mortgage loan for borrower Washingtonian Lake LLC to replaceconstruction financing for the 29,600-sf retail project. Thefixed-rate loan has since been sold for securitization.
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