I found 48 market-rate rental properties in Prince George's County that have 200+ units and a latest recorded sale between 2016 and 2021. The Benjamin at Landover Hills isn't among them: it didn't meet the criteria anyway.

What stands out for your refinance list:

• Most vulnerable: bought near the 2021 peak and now losing occupancy. These owners paid the most per unit and have the least room if they need to refinance at today's values:

  • Aventura at Contee Crossing: $300,111/unit in June 2021 1, occupancy down 1.1 points to 95.8%.
  • The Edition: $293,447/unit 2, down 2.3 points.
  • Avana Heather Ridge: $283,025/unit, down 2.8 points to 94.4% 3.

• Occupancy has dropped sharply at four properties:

  • The District at Forestville: down 12.4 points to 87.4% 4.
  • The Remy: down 10.4 points to 83.9% 5.
  • Tapestry Largo Station: down 7.2 points to 90.9% 6.
  • Capital Crossing: down 7.0 points to 91.1% 7.

  These owners may need rescue capital, bridge-to-bridge financing or an extension rather than a standard refinance.

• Strongest candidates for a cash-out refinance. Several older properties bought cheaply in 2016–17 have gained occupancy:

  • Princeton Estates: $117,089/unit in 2017, now 97.3% occupied and up 5.3 points 8.
  • Flats of Forestville: up 4.5 points 9.
  • Avery Park: $87,745/unit in 2016 and still about 95% occupied 10.

• Largest property: Landmark Apartments has 760 units, bought for $148,026/unit in December 2016 and now 98.0% occupied. Its rent reading has only marginal reliability 11.

How I filtered the list:

• Taken out: 7 affordable or co-op properties, 3 mixed-income properties (Villas at Langley, Hamilton Manor, Queens Manor Gardens), 4 student properties, 1 senior property and a duplicate Cheverly Station record. That leaves 48.
• Missing sale prices: 16 of the 48 have a recorded sale date but no price, including Northampton, The Remy and University Gardens. Price per unit shows as n/a for those.
• Occupancy change is in percentage points. The rent and occupancy figures are as of September 26, 2026.
• Probably construction loans, not acquisitions: Motiva, Woodmore, Verona at Naylor Metro and The Standard were sold before they were built. Those sales were likely land deals, so the debt coming due is probably a construction loan.
• No current rent or occupancy data: LaSalle Park, Addison Chapel, Fleetwood Village and The Standard. Harbor's Edge has too little data to report reliably.

The sale date alone doesn't tell you when the loan matures. Next, I'd pull the owner and property manager for each property to see who holds several of these assets.

Both properties are 98% occupied, but Westchester Tower's residents are clearly weakening while its occupancy looks fine. Takoma Towers starts from weaker credit, but it is getting worse more slowly. One caution on Westchester: its credit sample is small, so confirm it before you price.

Westchester Tower: mismatch between occupancy and resident credit

• Occupancy is steady. It is 98.0%, up 0.3 points over 12 months 1.
• Resident credit is falling faster than the county on every measure:
  • Average FICO: 645, down 15.3 points in a year 2, against a county drop of 3.0 points 3.
  • Past-due rate: 16.3%, up 8.9 points 4. The county is at 11.2%, up 4.3 points 5.
  • Accounts at 75%+ of their credit limit: 41%, up 4.8 points 6. The county is at 38% and slightly down 7.
• Rent isn't the cause. Rent takes only 21% of median household income ($97,291) 8. That suggests residents are carrying other debts or had an income shock, not that rents are too high.
• Caveat: the credit data covers only 9 address clusters (248 adults). The likely range for the past-due rate is 8.9%–23.7% 9. The direction is consistent, but the size of the decline is uncertain.

Takoma Towers: weaker residents, but stable

• Occupancy: 98.3%, down 0.4 points 10.
• Credit is weaker in absolute terms than Westchester's:
  • Average FICO: 626, down 11.8 points 11.
  • Accounts at 75%+ of their limit: 42% 12.
  • Rent burden: rent takes 34% of a $60,777 median income 13.
• But delinquencies are holding up. The past-due rate is 12.3%, up only 1.3 points, which is less than the county's increase 14. This estimate rests on a much larger sample (76 clusters) and is more reliable.

What this means for your quotes

• Takoma Towers: you can quote on today's numbers. Its risk is thin room to raise rents, so size the loan on in-place rents with little or no rent growth.
• Westchester Tower: before quoting, ask the sponsor for a current delinquency report and trailing collections. If rent collections are slipping the way consumer past-due rates are, the stable occupancy overstates how much income the property will actually collect. I'd assume a larger bad-debt deduction until the sponsor's records show otherwise.