### Cushman & Wakefield, Greystone Facilitate Sale and Financing of Maryland Multifamily Property
Greystone and Cushman & Wakefield have successfully facilitated the sale and acquisition financing of Country Place Apartments, a 312-unit multifamily property in Burtonsville, Maryland.
Cushman & Wakefield’s Anthony “TJ” Liberto, Managing Director, and Jorge Rosa, Executive Managing Director, represented the seller in the $62.5 million transaction. “Country Place was purchased using a creative structure that leveraged a buy-right PILOT program in Montgomery County to maintain affordability for residents,” said Rosa. “Our strong sales execution in an evolving investor landscape demonstrates that attractive debt and pricing remain attainable.”
Country Place Apartments offers a range of amenities, including an outdoor pool, fitness center, on-site dog park, and playground. Alex Basile, Executive Director at both Greystone and Cushman & Wakefield, originated a $40.7 million, seven-year Freddie Mac Optigo loan to finance the acquisition. “Greystone’s collaboration with Cushman & Wakefield provides our clients with end-to-end solutions for all their property investment needs,” said Basile.
