Washington Business Journal EJF Capital LLC and NRP Group have secured a $61 million construction loan for the development of a 361-unit apartment property in Hyattsville, Md., a northeast suburb of Washington, D.C. The loan was provided First National Bank of Pittsburgh and Flagstar Bank of Troy, Mich., which two years ago was acquired by […]

The post Venture Gets $61Mln Loan to Fund Development of Md. Apartments appeared first on Commercial Real Estate Direct.