Investment Summary

CAPITAL PLACE III

Active

Property Type
Office
Location
Washington, DC
Loan Type
Mezzanine
Loan Purpose
Refinancing
Closing Date
October 2022
Active

A $15.0M mezzanine loan for the refinancing of a 211,500 SF office building in the Capitol Hill District of Washington, DC. The property is two blocks away from the United States Capitol and one block from Union Station. Amenities include a state-of-the-art rooftop terrace, an enhanced lobby, high-finish common areas, 3,500 SF of shared conference space, a secure bike room with lockers, an enhanced fitness center, and new wellness rooms. The development sits above a 330-space parking garage with two sub-terranean levels.