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Parkview Finances Apartment Build in Northwest DC
Parkview Financial provided a $7.2-million construction loan to GA Views Management, LLC for the completion of The Views at Georgia Avenue, a Class A, 20-unit apartment property in northwest Washington, DC’s Park View neighborhood. The six-story property is currently in the framing stage and is slated for summer 2021 completion.
The 23,000-square-foot building will include 10 two-bedroom floor plans ranging between 696 and 835 square feet, and 10 one-bedroom floor plans ranging from 530 to 545 square feet. There will also be ground-floor retail space totaling approximately 3,358 square feet.
“Demand for housing in this area is strong and this property will offer high-quality, upgraded rental living in a gentrifying neighborhood,” said Paul Rahimian, CEO of Parkview Financial.
The neighborhood is adjacent to the Petworth and Columbia Heights neighborhoods and is three miles north of the National Mall in a dense, urban infill area.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
- ◦Development
