Saturday
Oct132018

The Woodberry 

The Woodberry is a 284-unit new construction market rate multifamily project located in Baltimore, Maryland.  Located on 6.75 acres of land, the project will consist of one, six-story elevator-served residential apartment building with structured parking and include approximately 7,300 square feet of ground floor retail space.  The Woodberry’s units will have high quality finishes and an extensive amenity package including a swimming pool, bike storage room, dog wash, fire pit/grill area, business center, theater room, clubroom with kitchen, fitness center, yoga area, and a roof top deck.  Utilizing HUD's Section 221(d)(4) New Construction program for insurance advances, AGM obtained a HUD-insured mortgage of $64,503,200 at a fixed interest rate with a 40-year term.

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