Brief
Downtown D.C. Office Conversion Secures $176M Loan, New Majority Partner
One of Washington, D.C.’s largest office-to-residential redevelopments has secured a new majority partner and $175.6 million in construction financing. A partnership of Stonebridge, the Bernstein Comp

One of Washington, D.C.’s largest office-to-residential redevelopments has secured a new majority partner and $175.6 million in construction financing. A partnership of Stonebridge, the Bernstein Companies and Criterion Real Estate Capital sold a 72 percent stake in the conversion of 1990 K Street NW to an entity managed by MetLife Investment Management for $58.7 million, […]
Source
- Commercial Observercommercialobserver.com

