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WASHINGTON, D.C. — MAC Realty Advisors has arranged a $27.4 million loan for the acquisition and development of a mixed-use project located at 1921 14th St. N.W. in northwest Washington, D.C. The borrower, Madison Investments, will rehabilitate the existing buildings at the site and construct a new nine-story high-rise apartment tower. The tower will feature 56 residential units and approximately 13,000 square feet of retail space. Construction is slated to begin in June and wrap-up in early 2016. Andrew McAllister, Bruce Levin, Ben Lazarus and Caren Garfield of MAC Realty Advisors arranged the private investment/senior construction loan.