McLean, Virginia
Lowell Condominiums
$11 million
Size
44
Units
McLean, Virginia
Market
- Non-recourse, construction mezzanine loan
- Ground-up construction of 44 luxury condominiums located in a prime location close to Washington, DC
- Luxury units will vary in size from 1,567 sf to 2,234 sf.
- JBLCO co-invested its capital to bridge the gap between the first mortgage and the equity position
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