Laytonsville
REAL ESTATE
Innovative affordable housing for underserved communities coming to Columbia
Construction will begin this month on Patuxent Commons, a new 76-unit affordable apartment for adults with disabilities, older adults and families. The new community, located on Freetown Road, is the result of a partnership between Mission First Housing Group, the Howard County Housing Commission and the Autism Society of Maryland.
NewPoint Provides $22.3 Million in Freddie Mac Workforce Housing Preservation Financing for Maryland Multifamily Communities
ARDMORE, PA - NewPoint Real Estate Capital ("NewPoint") has provided $22.3 million in Freddie Mac Workforce Housing Preservation financing to NOVO Properties ("NOVO") to refinance Tudor Place Apartments and Canonbury Square Apartments – neighboring garden-style multifamily communities located in Takoma Park, MD. The refinancing was originated by Martin Fayer, Senior Managing Director at NewPoint.
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