Washington, DC

$13,000,000 Mezzanine Loan

In September 2026, a $13 million mezzanine acquisition loan was originated for a Class A office property located at 1330 Connecticut Avenue NW in Washington, D.C. The approximately 254,000-square-foot building was acquired for $92.0 million and was 81% leased, anchored by global law firm Steptoe.

The property is located in Washington’s Golden Triangle, immediately south of Dupont Circle, an established office district serving law firms, professional services companies, and government-related organizations. The building benefits from immediate access to the Dupont Circle Metro station, nearby dining and retail, and private outdoor terraces.

The business plan focuses on leasing the remaining vacancy and enhancing cash flow through tenant improvements, speculative office suites, and targeted leasing initiatives.