Citi Provides $27 Million Refinance Loan For 1750 H Street NW Office In Washington DC
1750 H Street Northwest
$27,000,000
$219/SF
Building Size
123,000 SF
Asset Type
Office
Closing
Jul 8, 2026
AI
1750 H Street Northwest is a 10-story office building located in Washington, DC, featuring 123,000 square feet of space. The property was refinanced with a loan amount of $27,000,000, which supports its position in a central business district just three blocks from the White House.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $27,000,000
- Loan Type: Refinance
- Lender: Joe Dyckman - Citi
- Landlord: Matthew Jemal
- Brokers: Cary Pollack & Judah Neuman - Meridian Capital Group
Meridian Capital Group facilitated the CMBS financing with Citi to enable refinancing of the property. The loan allows the completion of the sponsor's business plan, transitioning from short-term bridge debt as Jemal Equities acquired the property in July 2025 and successfully leased up the space within a year.
Players
Washington Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93