MANASSAS, VA. — Bridge Investment Group has acquired Masons Keepe, a 270-unit property in Manassas for an undisclosed sum. Brian Crivella, Bill Gribbin, Yalda Ghamarian and Jack Canepa of Berkadia D.C. Metro along with Drew White of Berkadia Richmond arranged the sale on behalf of the seller, an entity doing business as University Village Apartments LLC. Located at 9000 Landings Drive, Masons Keepe was built in 2004 and consists of 17 buildings within a gated community. Units are offered as one- and two-bedroom floor plans. Brad Williamson of Berkadia Miami and Christopher Ellis of Berkadia Denver secured a Freddie Mac, five-year, fixed-rate loan with a three-year interest-only period, a 35-year amortization schedule and a 70 percent loan-to-value ratio.
Salt Lake City-based Bridge Investment Group has acquired Masons Keepe, a 270-unit property in Manassas, Va. Berkadia arranged the sale and financing.
Berkadia Arranges Sale, Financing for Masons Keepe in Manassas, Virginia
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