Isle of Palm, S.C.-based Woodfield Development has announced it has secured a $53.7 million senior loan related to its Margaux Midtown apartment complex located in the district from which its name derives.

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Margaux Midtown

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According to a release, BWE provided the financing via its proprietary bridge program, with the loan structured by Adam Bieber and Alec Jenkins from BWE’s Washington, D.C., office.

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