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Washington DC  + DC Metro  + Finance  | 

JLL Secures Capitalization for 181-Unit MF Project in Bethesda

JLL Capital Markets has closed the capitalization for a Class A multi-housing development located at 7000 Wisconsin Ave. in Bethesda.

The high-rise development will stand 12 stories tall, consist of 181 one- and two-bedroom luxury units and include 6,090 square feet of ground-floor retail. The property has thoughtful and modern unit finishes, including two-toned shaker cabinetry, quartz countertops, stainless steel appliances and sleek hardware. Community amenities include a co-working lounge, state-of-the-art fitness center, game room, courtyard and rooftop lounge. The transit-orient property is nearby the Bethesda Metro Station.

Travis Anderson, Cory Fowler, Susan Carras, Brian Crivella, Walter Coker and Robert Jenkins of JLL arranged the land partnership between Starr Capital and Woodfield Development as well as securing joint venture development capital.

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Inside The Story

JLL’s Anderson

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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