Lending Portfolio

Transaction Details

The Cathedral Heights Apartments will be a Class A, 5-story building offering 23 units for rent. Each unit will offer high-end finishes, including stainless steel appliances, dishwashers, and in-unit laundry. The project will also include the inter-site relocation and renovation of two historic homes. The historic homes will be fully renovated into luxury homes.

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Deal Basics

  • location

    Washington, DC

  • loan amount

    $20 Million

  • claim type

    1st Lien

  • loan type

    Construction Loan

  • property type

    Residential

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Hyatt Regency

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The Rasha At Audubon