Washington Tower
Washington Tower
Location: Arlington, VAProperty Type: Office
Size: 170,000 square feet
Investment Type: First Mortgage
Investment Size: $40,000,000
Closing Date: July 2009
RCG Longview originated a $40,000,000 floating rate first mortgage for the refinance of a 14-story Class A office tower located just outside of Washington, DC. RCG Longview syndicated a $35,000,000 A-note and retained a $5,000,000 B-note. The subject property was 100% occupied at origination. The collateral also includes the leased fee interest in the land beneath the Ritz Carlton, which lies adjacent to the subject property.
