Real Estate Weekly
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Banking and Finance

MetLife Pentagon deal

MetLife Investment Management arranged a loan for $126.9 million for Meridian at Pentagon City.

Meridian at Pentagon City is a two tower, high-rise multifamily property totaling 534 units located two blocks from the Pentagon City Metro station with access to major commuter thoroughfares connecting downtown DC and northern Virginia.

Derrick Smith originated the loan for MetLife Investment Management on behalf of Polinger Development Co. and a large institutional investor.

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