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NASA DC Headquarters Refinanced with $275M Led by Mesirow
Mesirow has led the $275-million financing of NASA’s Washington, DC headquarters. The property is owned by Hana Alternative Asset Management and managed by Ocean West Capital Partners.
Proceeds from the financing provided the partnership with attractive fixed rate pricing on debt to be repaid on an interest only basis until the loan’s 2028 maturity date (coterminous with NASA’s lease). Through this financing, the partnership recapitalized its equity interest in the property and effectively monetized what is currently the 6th largest GSA lease in the country.
Mesirow served as placement agent and administrative agent on the financing. Cushman & Wakefield also served as advisor to the borrower in shaping the loan request and brokering the ultimate engagement with Mesirow.
- ◦Financing
