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Middle Market Digest: The Mid-Atlantic

WASHINGTON, DC--Deals and news from around the region.

By Erika Morphy | erikamorphy | Updated on August 07, 2017

1775 Tysons Blvd.

NEWS & NOTABLES

WASHINGTON, DC–The CREW National Capital Committee, which consists of CREW DC, CREW Northern Virginia and CREW Suburban MD, have launched Connecting Future Leaders, a mentorship program. Created by CREW NoVA several years ago, the program offers leadership training, during which participants will receive one-on-one coaching, professional evaluations and access to executive/C-Suite women in commercial real estate.

DEAL TRACKER

BETHESDA, MD–Capital One has provided a $77.7 million loan to Pacifica Cos. to refinance a portfolio of nine senior housing facilities in Arizona, California, Florida, Oregon and Utah. The mortgage consists of $67.7 million in initial funding and an earn-out as specific conditions are met. Pacifica Cos.’ total portfolio is valued at approximately $3 billion. This is the second transaction that Capital One has closed with Pacifica.

TYSONS, VA–Park Hotels is locating its corporate headquarters in 1775 Tysons Blvd. It will occupy 31,000 square feet in Lerner Enterprise’s newest landmark office tower in Tysons II. Lerner was represented by Brian F. Tucker and John B. Dragelin of JLL.

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