WC Smith Secures $106.3M Loan For 334-Unit Multifamily Asset In Washington DC

The asset involved in this transaction is a multifamily property located at 800 New Jersey Avenue Southeast in Washington, DC, featuring 334 units. The loan amount secured for this property totals $106,300,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $106,300,000
• Address: 800 New Jersey Avenue Southeast
• Market: Washington, DC
• Units: 334
• Landlord: WC Smith
• Broker Representatives: Brendan Coleman & Connor Locke - Walker & Dunlop

Walker & Dunlop facilitated the financing for WC Smith's property through Fannie Mae-backed loans, emphasizing their role in supporting the acquisition of this luxury apartment building situated in the Capitol Riverfront area.