Bisnow EagleBank has provided a $54.5 million loan to fund the conversion of the 190,385-square-foot office building at 1201 Connecticut Ave. NW in Washington, D.C., into 161 apartment units. The property is being redeveloped by Duball LLC of Bethesda, Md., at a cost estimated at $100 million. Duball had purchased it last year for $21.5 million […]
The post EagleBank Lends $54.5Mln for Office-to-Apartment Conversion in Washington, D.C. appeared first on Commercial Real Estate Direct.
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