The Village at Mount Pleasant
Lending - Freddie Mac - $1.95M
Greystone closed a $1,950,000 Freddie Mac Small Balance Loan to refinance The Village at Mount Pleasant in the Adams Morgan area of Washington, D.C. The loan for the 15-unit apartment community carries a 10-year fixed rate term with 30-year amortization and is interest-only for three years. The Village at Mount Pleasant is comprised of four studio units and 11 one-bedroom units contained within one 3‐story building. Property amenities include 11 open parking spaces and a common laundry room. The loan provided by Greystone was originated by Andrew Ellis of Greystone’s Rockville, MD office.