Woodfall Greens Apartments is a 230-unit new construction market rate multifamily community located in Brooklyn Park, Maryland. Woodfall Greens Apartments will consist of five, four-story, elevator-served apartment buildings, outdoor pool, and fitness center on a 6.875-acre parcel. Utilizing HUD’s Section 221(d)(4) New Construction program for insurance advances, AGM obtained a HUD-insured mortgage of $35,719,900 at a fixed interest rate with a 40-year term.
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There are Encouraging Signs, But No Clear Direction…Yet
Long-term rates have been rising since their recent lows in September. The bond market is reacting to uncertainty – uncertainty about inflation, jobs, tariffs, tax