LOUDOUN, VA—A JV that acquired two office buildings earlier this year within the Loudoun Tech Center has secured a $22.5 million bridge loan from NXT Capital. The owners, The Pinkard Group of Bethesda and Buchanan Partners of Gaithersburg and AEW Capital Management, bought the buildings in two separate transactions almost a year apart from special servicers.

In the case of the first acquisition, they secured debt financing for the acquisition. The property, Lakeside III @ Loudoun Tech Center, was acquired from a special servicer for $12.4 million in 2014. Wells Fargo provided the debt financing. The second purchase, of Lakeside II, was earlier this year.  It was purchased from LNR through the auction.com online platform.

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