Berkshire Fund
Location (Market)
Year Built
Property Size(# of units)
Investment Strategy
BMVF II
Camp Springs, MD
2007
397
Mezzanine loan through Freddie Mac Mezzanine Lending Program
SOURCING
As one of only four approved Freddie Mac lenders authorized to provide mezzanine financing in conjunction with newly generated Freddie Mac senior mortgages, Berkshire was solicited by Fantini and Gorga through M&T Bank to provide mezzanine financing.
INVESTMENT OPPORTUNITY
Opportunity to earn mezzanine financing yield with minimal risk. The financing is secured by a recently constructed, extremely well located 397 unit apartment complex in Camp Springs, Maryland. This transaction was the first mezzanine loan closed under the Freddie Mac mezzanine program.