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Acore Capital Supplies $89M Refi for Northern Virginia Townhomes

A joint venture involving American Real Estate Partners, Rithm Capital and GreenBarn Investment Group has landed an $89.2 million loan to refinance a newly completed build-to-rent multifamily asset in northern Virginia, Commercial Observer has learned. Acore Capital provided the three-year loan with two one-year extension options for the sponsorship’s CityHouse Ashburn Station, a 200-unit townhome property in Ashburn, Va.  The deal closed April …
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Commercial Observer broke the news in on Monday, April 28, 2025.
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