Majestic at Watkins Mill
Gaithersburg, Maryland 

Client
BP Realty Investments, LLC.

Description
Second phase of Watkins Mill Town Center, located at Watkins Mill Road and Route 355 in Gaithersburg, Maryland. This 5-story building includes 243 units of residential and 10,500 square feet of ground-floor retail.

Structuring
$51,000,000 construction/permanent loan with Cardinal Bank in participation with Burke & Herbert Bank.