Middleburg Secures $39.1 Million Refinance for High-Performing Workforce Housing Community

Middleburg has secured a $39.1 million refinance for Vesta Creeks Run, a workforce housing community in North Charleston, SC. The refinancing, arranged by Newmark through Freddie Mac, strengthens the property's financial position. Middleburg's improvements have led to 97% occupancy. The firm collaborates with Capital Solutions and Affordable Communities of America to maintain affordable housing. Middleburg continues to expand its housing platform under CEO Chris Finlay, with brands like Mosby, Vesta, and Hamlet.