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Peterson Cos. Refinances National Harbor Apartment with $54M Fannie Mae Green Loan

NATIONAL HARBOR, MD--This is the developer's first loan with Fannie Mae.

By Erika Morphy | erikamorphy | Updated on August 18, 2016

The Esplanade at National Harbor. Photo by Peterson Cos. The Esplanade at National Harbor. Photo by Peterson Cos.

NATIONAL HARBOR, MD–The Peterson Cos. secured a $54 million Fannie Mae loan from its Green MBS program, to refinance an apartment complex at its master-planned National Harbor community anchored by the Gaylord National Resort.

Walker & Dunlop arranged the financing for the developer, which was the first time the financial provider tapped the GSE’s green program, according to Dan Martin, who along with Brendan Coleman arranged the financing. The transaction was also the first time Peterson Cos. borrowed from Fannie Mae, he added.

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