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Equity Residential Refinances $800 Million Multifamily Portfolio

Regions Bank Arranges $350 Million Fannie Mae Credit Facility

The 575-unit Park Place at San Mateo Apartments in San Mateo, California, was the largest property Fannie Mae recently refinanced for Equity Residential. (CoStar)
The 575-unit Park Place at San Mateo Apartments in San Mateo, California, was the largest property Fannie Mae recently refinanced for Equity Residential. (CoStar)

Regions Bank’s real estate capital markets division, a Birmingham, Alabama-based diversified multifamily and commercial real estate lender, has arranged a $350 million Fannie Mae credit facility with Equity Residential to refinance a portfolio of five multifamily properties.

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