Cary Pollack Of Meridian Capital Group Arranges $28 Million Refinance Loan For Jemal Equities
1530 Wilson Boulevard
$28,000,000
$155/SF
Building Size
179,622 SF
Asset Type
Office
Closing
Oct 5, 2026
About this deal
AI
1530 Wilson Boulevard is a 10-story Class A office building located in Arlington, VA, encompassing a total square footage of 179,622. The property was acquired by Jemal Equities in October 2025 for $28 million, previously purchased in 2020 for $71.4 million. At the time of acquisition, the building was 61% leased with a weighted average lease term of 2.8 years. Currently, it has improved to 89% leased with a weighted average lease term of 6.8 years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $28,000,000
- Lender: Joe Dyckman - Citi
- Borrower: Matthew Jemal
- Landlord's Representative: Cary Pollack - Meridian Capital Group
- Loan Type: Refinance
Meridian Capital Group arranged the refinancing loan on behalf of Jemal Equities, with Cary Pollack and Judah Neumann involved in the financing process. Their efforts focused on securing favorable terms for the refinancing of the office asset.
On the Map
$28,000,000
$155/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93