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H Equities Provides $2.5M Acquisition Loan For Development Site In Washington DC

1313 Alabama Avenue
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This Development Site property located in District of Columbia received a loan of $2,500,000 about 2 years ago.

The development site located at 1313 Alabama Avenue in Washington DC has been involved in a complex transaction that recently closed. This site has a building square footage (BSF) of 350,000 and is owned by Standard Real Estate Investments. The transaction involved multiple sophisticated counterparties and was completed in just two weeks.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $2,500,000
  • Lender: H Equities - Elliot Horowitz
  • Loan Type: Acquisition

Elliot Horowitz of H Equities served as the lender in this transaction. He can be reached at [email protected], 917-748-1955, or 718-766-8818. If you or a client are in need of debt or equity, it is recommended to reach out to him for further opportunities.

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Deals
  • Location
    1313 Alabama Avenue Southeast, Washington, District of Columbia 20032, United States1313 Alabama Avenue Southeast, Washington, District of Columbia 20032, United States
  • Loan Value
    $2,500,000$2,500,000
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    1 Lender1 Lender

H Equities

H Equities

Lender
Deals3
Volume$ 1.1B

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Deal Summary

LOAN IMAGE: Elliot Horowitz DATE: 12/30/2021 ADDRESS: 1313 Alabama Avenue MARKET: Washington DC ASSET TYPE: Development Site ~ BSF: 350,000 LENDER: H Equities - Elliot Horowitz LANDLORD: Standard Real Estate Investments LOAN AMOUNT: $2,500,000 LOAN TYPE: Acquisition NOTE FROM LENDER: This complex transaction involved multiple sophisticated counterparties & closed in 2 weeks. If you or a client are in need of debt or equity, I look forward to discussing the opportunities with you & can be reached via [email protected], 917-748-1955, or 718-766-8818.

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