The Wharf
WASHINGTON, DC–Hoffman-Madison Waterfront, a joint venture of PN Hoffman and Madison Marquette that are co-developing The Wharf, along with equity partner the Public Sector Pension Investment Board, have secured an $800 million refi loan that they claim is one of the largest single-asset loans in Washington, DC's history.
The refinance loan was for Phase 1 of the $2.5 billion waterfront neighborhood.
The transaction was brokered by Eastdil Secured.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
