Eastdil Secured Provides $69.4M Loan For Mixed-Use Property At 202 Florida Ave NE, Washington, DC

The mixed-use property located at 202 Florida Ave NE in Washington, DC has recently undergone a closed transaction involving a loan. The property, which is owned by MRP Realty represented by Matthew Robinson and Barings, has secured a loan amount of $69,400,000 from the lender Eastdil Secured.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $69,400,000
• Address: 202 Florida Ave NE
• Market: Washington, DC

This loan transaction highlights the collaboration between MRP Realty, represented by Matthew Robinson and Barings, and Eastdil Secured as the lender. The deal showcases the financial support provided to the mixed-use property, further boosting its potential in the Washington, DC market.