WASHINGTON, DC—Urban Investment Partners has secured jointventure equity financing for a condo development in the NoMasubmarket called The TRIBECA, which is under construction.
The transit-oriented, 13-story building will have 99 market-ratecondominium units. The site is located at 39-41 New York Ave., justone block from the NoMa-Gallaudet University Metro station. Thebuilding is expected to deliver next year into what is asupply-constrained submarket.
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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.
