WASHINGTON, DC-Investment sales, particularly large ones, unfold in a fairly typical manner. First, with much fanfare comes the news of the transactions themselves. Then, when the furor has died down, financial details--which are just as telling about the state of the market as the actual deal--come out. So it goes with two recent transactions in the area.

The Rockefeller Group’s recent acquisition of 1101 K St., NW was financed via a 

seven-year, $106.5-million loan from Prudential Mortgage Capital Co. on behalf of Prudential’s General Account portfolio. Cary Abod of HFF arranged the financing. The acquisition was the company’s first in the DC area, according to Paul McDermott, senior vice president and managing director with the Rockefeller Group. The purchase price was around $200 million, based on public records.

HFF also arranged funding for another recent transaction in the Mid-Atlantic--Lingerfelt Development’s acquisition of a group of office properties from Liberty Property Trust. HFF secured $72 million from Atlantic Mortgage & Investment Co., in a three-year, adjustable-rate loan. The HFF team was led by Jay Marshall, who worked with Tom Mueller and David Howard of Atlantic Mortgage & Investment. Atlantic is based in Richmond and has placed mortgages for more than fifty institutional investors since 1979. Lingerfelt acquired the portfolio for $97 million. Neither HFF nor Prudential were able to return a call from GlobeSt.com in time for publication.