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Washington DC & Mid-Atlantic  + DC Metro  + Finance  |  December 14, 2023
Emily Fu
By: Emily Fu

McLean Condo Lands $11M Construction Financing 

John B. Levy & Company (JBLCO) recently closed an $11 million non-recourse construction mezzanine loan for the Lowell, a condominium project in McLean, Virginia.  

In collaboration with a private equity fund, JBLCO co-invested to bridge the gap between the project’s first mortgage and equity position, supporting the condominium project’s progression. 

“This achievement reflects our dedication to fostering strategic partnerships and delivering financial solutions that drive the success of innovative real estate ventures,” said John Levy, president of John B. Levy & Company. 

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John B. Levy

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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