HOLLIDAY FENOGLIO FOWLER ARRANGES $104 MILLION CONSTRUCTION LOAN

WASHINGTON, D.C. — Bill Asbill, Bob Donhauser and Cary Abod of Holliday Fenoglio Fowler’s Washington, D.C. office have arranged a $104 million, 36-month construction loan on behalf of Carr Properties for the development of 901 K Street, a 261,000-square-foot office building in Washington, D.C.’s central business district. A consortium of banks facilitated the loan, including; Wells Fargo, as administrative agent; PNC Bank National, as syndication agent; US Bank National; and Chevy Chase Bank. The Class A office building will feature 12 stories of LEED-certified space along 10th and K St. and Massachusetts Ave.