$103.5 MILLION APARTMENT LOAN SECURED

WASHINGTON, D.C. — Perseus Realty LLC has taken out a $103.5 million loan against a 309,480-square-foot, Class A office building in Washington. The financing replaces an acquisition loan for the property, located at 1110 Vermont Ave. N.W. The building is 78 percent leased to the advertising firm WPP, Streamsage, Tompkins Construction and 21 additional tenants. Lindsay Stroud of Washington-based Perseus Realty Capital secured the 3-year, fixed-rate loan.