Finance - Mid-Atlantic

  • JLL Secures $52M Refi for Space Mart Self-Storage Portfolio

    The portfolio includes eight properties in Greater Philadelphia, Pennsylvania and Richmond, Va., totaling 554,823 square feet. JLL secured the loan.

    23 November 2017 15:03
  • JV Lands $47M Loan for DC Office Portfolio

    Coretrust Capital Partners and Normandy Real Estate Partners tapped HFF to secure financing for the 185,671-square-foot Reston Metro Center One & Two. The floating-rate loan was provided by AllianceBernstein.

    18 October 2017 14:02
  • DC-Area Office Asset Lands $33M Loan

    The six-story property is close to Twinbrook Metro Station and last underwent thorough renovations in 2004. The current owner bought the building in 2005 from JBG Cos.

    16 October 2017 17:12
  • Goldman Sachs Joins $5.5B Baltimore Revitalization Project

    The financial company’s Urban Investment Group is contributing $233 million for the construction of Port Covington, a 235-acre master-planned development on the city’s waterfront. The commitment marks the fund’s largest single private equity investment ever.

    03 October 2017 12:22
  • Faros Lands $128M for 2 Pittsburgh Office Assets

    HFF secured a five-year, floating-rate loan through Wells Fargo. The financing will be used for Nova Place, a 1.3 million-square-foot development, and 106 Isabella, a nearby vacant building.

    20 September 2017 13:18
  • McKnight Realty Lands $42M in Pittsburgh Office Refi

    HFF secured a first mortgage loan through Starwood Mortgage Capital and a mezzanine loan through Morrison Street Capital for a Class A office tower located in the city's central business district.

    18 September 2017 14:23
  • Financing in Place for 800 KSF Baltimore Mixed-Use Tower

    Madison Marquette commenced construction of One Light Street in January, and now the developer has landed $169 million in loans to complete the project.

    11 September 2017 12:34
  • Morgan Buys DC Portfolio for $509M

    The company’s purchase of the Mark Center portfolio, consisting of nearly 2,700 apartment units and a 63,000-square-foot retail center, is one of the largest transactions in Virginia.

    01 September 2017 11:49
  • Pair of DC Office Buildings Receive $165M Financing

    KeyBank Real Estate Capital has secured a seven-year loan for two refurbished Class A office assets in Washington, D.C.

    29 August 2017 16:56
  • NoVA Distribution Facility Lands $18M in Financing

    The 487,897-square-foot asset is fully leased to CVS Caremark Corp. and consists of three buildings: a main building housing a warehouse and offices, an aerosol storage facility and a truck repair facility.

    09 August 2017 13:23
  • First C-PACE Deal Closes in Washington, D.C.

    The D.C. Baptist Convention will use the 30-year loan to fund energy-saving upgrades, saving the non-profit more than $800,000 during the life of the project.

    27 July 2017 18:38
  • Vornado Completes DC Spin-Off, JBG Smith Begins Trading

    The resulting company has an operating portfolio of about 20 million square feet. The firm also has a pipeline of roughly 18.3 million square feet of potential development density.

    20 July 2017 08:10
  • NoVa Office Tower Lands $250M Refi

    The transaction includes a future funding facility of up to $70 million that Monday Properties can use to lease and upgrade the 580,000-square-foot building.

    18 July 2017 11:57
  • New Hotel Coming to Downtown Baltimore

    The historic property—which recently traded for $3 million—landed a $10 million acquisition and renovation loan. In the making since before the Recession, the project at 101 N. Charles St. is slated for completion in 2018.

    11 July 2017 10:53
  • Suburban DC Mixed-Use Development Lands Refi

    The refinancing of Westphalia Town Center—a mixed-use development in Prince George’s County—allows the company to continue developing the project and preparing land for commercial and retail uses.

    04 July 2017 08:14