Easy $45M Refi for Class A Office Facility in DC Suburb

ARLINGTON, VA-The owner of Quincy Tower has been placed on the receiving end of a $45-million refinancing package for the 235,000-sf office building. With the assistance of Transwestern Commercial Services’ Structured Finance Group, property owner Aslan Realty Partners II LP was able to secure the first mortgage refinancing through RBS Greenwich Capital with ease and at a stellar interest rate.

“We locked rate when the 10-year Treasury was almost at its complete bottom,” Structured Finance Group senior managing director Clifford N. Mendelson explains to GlobeSt.com. “We got an incredible execution and could not come close to replacing that rate in today’s market.”