Regency Crest

Regency Crest is a 150-unit senior market rate apartment community to be built in Ellicott City, Maryland. Using HUD’s Section 231 New Construction program for insured advances, AGM obtained a HUD-insured mortgage of $28,176,200 at a low interest with a 40-year term. The project includes 54 one-bedrooms, 94 two-bedrooms, and 2 three-bedrooms with an indoor pool, gourmet clubhouse kitchen, and two guest suites.