Foulger Pratt refinances apartment complex across from Montgomery Mall in Bethesda

PCCP provides $80 million loan for The Rae

The Rae opened in 2023 on a former car dealership site in Bethesda, Maryland. (CoStar)

By Sawyer Meehan

CoStar Research

July 13, 2026 | 2:58 P.M.

Foulger Pratt secured an $80 million loan to refinance an apartment complex it owns across from Montgomery Mall in Bethesda, Maryland.

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