Fundrise Secures $30 Million Refinance From MVB Bank For Carlyle Corner In Alexandria VA

2034 Eisenhower Avenue is a commercial property located in Alexandria, VA, featuring an asset type classified as commercial with a total square footage of 268,472 and encompassing 14 acres of land.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $30,000,000
• Loan Type: Refinance
• Lender: MVB Bank
• Landlord: Ben Miller - Fundrise
• Brokers: Brian Gould & Patrick Cunningham - Berkadia

In this transaction, Fundrise secured the refinancing loan to support its redevelopment plans for the commercial complex, bringing its planned 3-million-square-foot redevelopment closer to realization.