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CBRE keeps Freddie Mac deals rolling
CBRE, the highest-producing Freddie Mac multifamily mortgage seller, has originated a $43.5m Freddie Mac loan on a sprawling apartment complex in Marietta, Georgia. The seven-year loan backs BH Management Services’ $58m acquisition of the Barrington Mill Apartments at 1560 Terrell Mill Road, marking the 20th living community BH manages in Georgia. The 752-unit gated community, built in 1985, is set across 25 acres, with amenities including a community clubhouse, fitness centers, tennis courts, swimming pools, laundry facility and a cyber café.
