Dweck Gets $250M Loan For DC Complex

Dweck Properties has secured a $250 million loan for America’s Square in the Capitol Hill area of Washington, DC.

Dweck Properties has secured a $250 million loan for America’s Square in the Capitol Hill area of Washington, DC. HFF worked on behalf of the borrower to get a $220 million first mortgage loan from MetLife and a $30 million mezzanine loan from First Potomac Realty, both with five-year terms.

Presently, the office complex is 93% leased to tenants, such as Jones Day, Siemens, Comcast and Carr Workplaces. The HFF team representing Dweck Properties included senior managing directors, Bob Donhauser and Bill Asbill and managing director, Cary Abod.

Click here for the release from Business Wire.