Updated Oct 26, 2026
Affinius Capital Provides $97.9 Million Refinance For The Lydian Multifamily In Washington D.C
400 K Street Northwest
$97,900,000
Units
324
Asset Type
MultiFamily
Closing
Oct 22, 2026
About this deal
AI
The Lydian is a multi-family property located at 400 K Street Northwest in Washington, DC. The property comprises 324 units and includes 13,551 square feet of ground-floor retail space. The loan amount for the refinancing is $97,900,000.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $97,900,000
- Lender: Affinius Capital
- Landlord: Quadrangle Development Corporation & The Wilkes Company
- Brokers: Chris Hew & Susan Carras - JLL
- Loan Type: Refinance
- Market: Washington, DC
This refinancing deal involves key stakeholders, including Affinius Capital as the lender, which facilitated the transaction for Quadrangle Development Corporation and The Wilkes Company as landlords. The brokerage team representing the deal consisted of Chris Hew and Susan Carras from JLL.
On the Map
$97,900,000
MultiFamily
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Players
Washington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93