Harbor Group International (HGI) has provided a $38.3 million senior loan to Kairos Investment Management Company to refinance and reposition 1250 Eye Street, a 12-story, 180,000-square-foot office building in Washington, D.C.’s East End.

The financing will support ongoing capital improvements and leasing activity. Kairos, which acquired the property in 2023, has already signed several new leases and plans to execute extensive upgrades. Planned renovations include a new tenant amenity suite on the 12th floor—designed by Gensler—featuring a hospitality lounge, conference center, bar and kitchen, and terrace. Additional improvements will target the lobby, gym, bike room, valet, and move-in-ready office suites.

Located at 13th and I Streets with views of Franklin Park, 1250 Eye Street offers strong access to key destinations such as the White House, Capital One Arena, and CityCenterDC. “This financing aligns with our strategy of backing well-located assets with long-term demand and experienced sponsors,” said Michael Nathan, CIO—Office at HGI.