Date Published:
January 27th, 2021
From Connect Washington, DC:
Michigan-based commercial real estate finance company Red Oak Financial has provided a $2.8 million loan for Hunt Manor, a 15-unit apartment community in Washington D.C.’s Deanwood area. The financing was used to acquire the asset and provide capital improvements that encompassed the conversion of market-rate apartments to affordable housing as part of the District of Columbia Housing Authority’s (DCHA) Housing Voucher Program.
Read Connect Washington, DC's article "Red Oak Financial Provides $3M Acquisition Loan for Metro D.C. Apartments," featuring the District of Columbia Housing Authority.