Toll Brothers/L+M Joint Venture Secures $160 Million in Construction Financing for New Multifamily Development in Washington, DC

The financing will be used to develop Phase 1 of a 6.7-acre site in the heart of Washington, D.C., located at the nexus of NoMa, Mount Vernon Triangle, and Shaw – the three fast-growing and vibrant neighborhoods northwest of Union Station. Phase 1 will bring 561 units, approximately 20% of which are affordable, one acre of public open space, and nearly 50,000 square feet of residential amenities… Read More