In May of 2020, Emerald Creek Capital provided a $4,000,000 acquisition loan in the Logan Circle neighborhood of Washington, D.C. The loan is secured by a historic 4-story townhouse with 7,601 square feet of gross living area. The residence is situated on a 2,750 square foot lot and contains 13 bedrooms, a detached garage, and outdoor patio. The Victorian building features 9-foot ceilings, marble fireplaces, and wrought-iron balconies. Additional collateral securing the loan includes a modern 3-story, 3-bedroom townhouse totaling 3,788 square feet with a private garage in Georgetown. Both properties are ideally located in highly sought-after Washington, D.C. neighborhoods known for their historic charm and proximity to several metro lines.
For more information, please contact:
Mike Cleaver, Managing Director