$12,500,000 – Washington, DC (NoMa)

In May of 2025, Emerald Creek Capital provided a $12,500,000 bridge loan in the NoMa neighborhood of Washington, DC. The loan is secured by a 60-unit multifamily building comprising 40,966 square feet of net rentable area, which is currently 97% occupied. The units range from studios to two-bedroom apartments and feature in-unit laundry, stainless steel appliances, and balconies. Building amenities include garage parking, a resident lounge, and a fitness center. NoMa is a vibrant, fast-growing neighborhood known for its modern residential buildings, walkability, green spaces, and convenient access to Union Station and Capitol Hill. The subject property is two blocks from New York Avenue (Route 50), within walking distance of two Metrorail stations, and in close proximity to Interstates 395 and 695.