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JBG SMITH Secures $110M Refi For Atlantic Plumbing

Along with a few other projects in the North End of Shaw, JBG SMITH has helped to redefine the area, which is popular with millennials.

By Erika Morphy | Updated on November 09, 2017

Atlantic Plumbing

WASHINGTON, DC–JBG SMITH has secured a refinancing loan for its Atlantic Plumbing infill mixed-used development that it delivered a few years ago.

ING Capital as the administrative agent, led a $110 million refinancing of the 310-unit multifamily residential and retail project located at the intersection of 8th and V streets in Northwest Washington, DC. ING was joined by BMO Harris Bank as co-lender. The loan is secured by a first mortgage on the property.

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