Real Estate Developments

Burnt Mills Crossing One

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Description

Burnt Mills Crossing One is a 136 unit LIHTC property located in Silver Spring, MD. The site was placed in service in 2011 after New Construction by the ownership team.

Project Details

Type

Multi-Family

Status

Completed

Address

10713 Ventetia Mill Circle

City

Silver Spring

State

MD

Zipcode

20901

Construction

New Construction

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Financier(s):
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Number of units for rent

Number of units for sale

Number of affordable housing units

136

LEED Designation

Project Cost

Parking Spaces

Zoning

Hotel Rooms

Retail Space

Office Space

Square Footage

Lowest Housing Sales Price

Highest Housing Sales Price

Lowest Rent Price

Highest Rent Price

Neighborhood:

Housing Rental Price Range:

Housing Sales Price Range:

# of Residential Units in Progress:

Hotels Rooms in Progress:

Office Space in Progress:

Retail Space in Progress:

Closest Metro Station:

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    Closest Grocery Store within 1 mile:

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          Project Financier(s):

          Type of Loan:

          35 Years

          Interest Rate:

          3.84

          Original Loan Amount:

          $12,240,000.00

          Loan Category:

          207/ 223(f) Pur/ Refin Hsg.

          Final Endorsement Date:

          06-28-2011

          First Payment Date:

          08-01-2011

          Maturity Date:

          07-01-2046

          Tax Exempt Bond:

          No

          Finance Year:

          2011