The Bennington is a 223 unit apartment building located in Silver Spring, Maryland. The property was originally financed pursuant to HUD’s Section 221(d)(4) new construction program. Using HUD’s Section 223(a)(7) program for currently insured properties, AGM obtained a new insured mortgage of $31,393,000. The new mortgage refinanced the old debt and lowered the interest rate resulting in substantial annual debt service savings.
Press Releases
AGM Financial Services’ Matt Daddio Appointed to Howard County Housing and Community Development Board
BALTIMORE, September 26, 2024 – AGM Financial Services is proud to announce that Matt Daddio, Deputy Chief Underwriter, Vice President at AGM, has been appointed
