
ING Leads $110M Refi of Award-Winning DC MXU
ING Capital LLC led a $110 million refinancing of Atlantic Plumbing, a 310-unit multifamily residential and retail project in Northwest Washington, DC for JBG Smith. ING was joined in the financing for the trophy property by BMO Harris Bank as co-lender. The loan is secured by a first mortgage on the property.
Located at the intersection of 8th and V Streets, Atlantic Plumbing was designed by iconic architect Morris Adjmi, and was inspired by old industrial architecture. The 10-story Class A luxury rental building is wrapped in a structural steel exoskeleton that features integrated planting beds and climbing vines, recalling the overgrown warehouses that once occupied the site.
The project received an Honor Award for top Residential Design in DC from the American Society of Landscape Architects.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing