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Acore Capital Supplies $89M Refi for Northern Virginia Townhomes
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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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