$45,500,000 | 1784 Capital Holdings

Property: 5204 River Road
Location: Bethesda, MD
Description: Upon completion of the development of this high-exposure commercial site in affluent Montgomery County, adjacent to the nation’s capital, the property will consist of a 131,559 net rentable square feet of climate-controlled space in approximately 1,560 units. The property will have nine levels, five of which are above grade and will be the highest quality storage facility in the area. The surrounding area features destination retail, commercial services, high-rise luxury apartments, and condominium buildings.
Loan Type: Construction Loan
Capital Provider: Private Lending Firm

Client Benefits:

  • Non-recourse, 3-year loan
  • One, 1-year extension option
  • Prepayment flexibility