Wenbelle Apartments

Delivering affordable rental housing for workforce residents in rural Maine

This $5.65 million deal with DUS® Lender PGIM helped combat the declining supply of rental options in Maine by financing a 66-unit garden-style building. The borrower benefitted from competitive financing on this Sponsor-Dedicated Workforce transaction. This rural community benefits from a property with affordable rents at 80% of the Area Median Income (AMI).