REBusiness OnlineArticle
NewPoint Provides $34.6M Loan for Hotel-to-Multifamily Conversion Project in Arlington, Virginia
ARLINGTON, VA. — NewPoint has provided a $34.6 million bridge loan for the acquisition and planned multifamily conversion of the Clarion Collection Arlington Court Suites, a 187-room, extended-stay hotel located in Arlington’s Rosslyn-Ballston corridor. Jacob Gabriel of NewPoint originated the financing on behalf…
Read the full report at REBusiness Online
Published by REBusiness Online. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.