fanne-mae=headquarters Fannie Mae's headquarters

WASHINGTON, DC—Southern Management Corp., the largest privately-owned residential property-management company in the Mid-Atlantic region, has secured a $2.4 billion Fannie Mae credit facility to refinance 67 multifamily properties in the local area.

Walker & Dunlop closed the transaction, which it says is the largest in its history.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.