US EditionFairstead Lands $120M in Financing for NoVA Affordable Housing Project
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Fairstead Lands $120M in Financing for NoVA Affordable Housing Project
A historic housing community in Northern Virginia is getting a complete overhaul due to a new nine-figure financing package aimed at demolishing and re-imagining the complex. Affordable housing developer Fairstead has tapped a variety of sources to secure a $120 million loan package toward its redevelopment of Samuel Madden Homes, a 1945-built community in Old Town Alexandria, Commercial Observer can first report. The community was constructed a…
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