Cassidy Turley Nets $66M Loan For DC Apartments

Law360, New York (December 16, 2011, 4:35 PM EST) -- Real estate services firm Cassidy Turley Inc. arranged a $66 million loan for developers of a Washington apartment building, adding to $148.1 million in funding the firm has helped raise for the mixed-use property and a related development, the firm said Friday.

Cassidy secured the fixed-rate loan for Highland Park Phase 1, a 229-unit apartment building with retail space, for Bethesda, Md.-based Donatelli Development Inc., Washington-based developer Gragg & Associates and a client of Invesco Real Estate, according to a statement. The financing came from Key...
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