The company is expected to bring 550 positions, an increase of 20% of its present area workforce, to its new headquarters offices in early 2021.

The Policy is one of dozens of Depression-era buildings that UIP has renovated in many DC neighborhoods. The company owns and manages two other apartment buildings nearby—1940 Biltmore St. and 1841 Columbia Road.

The GSE closed $78 billion in total product last year and securitized a record $72.8 billion.

STC Venture LLC is developing CityLine Sunnyvale, a master-planned pedestrian-oriented mixed-use district that will feature new residences, shopping, entertainment options and office space.