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Mixed Use

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825 10th St NW

Updated Jun 5, 2025

JPMorgan Chase Bank Provides $300M Mortgage Financing For Washington, D.C.'s CityCenter Mixed-Use Property
FINANCEDMixed-use

JPMorgan Chase Bank Provides $300M Mortgage Financing For Washington, D.C.'s CityCenter Mixed-Use Property

825 10th St NW

$300,000,000

$574/SF

Building Size

522,000 SF

Asset Type

Mixed-use

Closing

Nov 28, 2023

About this deal

AI

JPMorgan Chase Bank has facilitated a $300 million mortgage financing deal for the first phase of Washington, D.C.'s CityCenter mixed-use property. The property, located at 825 10th St NW, has a total square footage of 522,000. This mixed-use asset is part of the vibrant market in Washington, DC.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $300,000,000
  • Address: 825 10th St NW
  • Market: Washington, DC
  • Lender: JPMorgan Chase Bank
  • Broker: Eastdil Secured

In addition to JPMorgan Chase Bank providing the mortgage financing, the deal was facilitated by Eastdil Secured. The involvement of these key individuals and companies highlights the collaboration and expertise behind this significant transaction.

Players

Chase Bank
Chase BankLender

Washington Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Deal FAQ

About $574 per square foot on a published $300M for 522,000 square feet (2023).

Browse Washington mixed use loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.05%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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