Capital One has provided a $56.8 million loan to affiliates of Bethesda-based ASB Real Estate Investments for The Peninsula, a 285,205-square-foot apartment community in Dorchester Bay, Boston, Mortgage Observer can exclusively report.
The 10-year loan is “a delayed refinancing of a loan that was paid off a number of quarters ago,” Robert Bellinger, president and CEO of ASB Real Estate Investments, said in an email exchange. He declined to give details on the loan’s interest rate. Capital One did not return requests for comment. Read More