Real Estate Developments

Belmont Crossing Apartments

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Description

Belmont Crossing Apartments is a 275-unit affordable housing property located in Washington, DC.

Project Details

Type

Multi-Family

Status

N/A

Address

4201 7th Street Southeast

City

Washington

State

DC

Construction

Acquisition and Critical Repairs

Developer(s):

EquityPlus, LLC

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Financier(s):
DC Department of Housing and Community Development
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Number of units for rent

Number of units for sale

Number of affordable housing units

275

LEED Designation

Project Cost

Parking Spaces

Zoning

Hotel Rooms

Retail Space

Office Space

Square Footage

Lowest Housing Sales Price

Highest Housing Sales Price

Lowest Rent Price

Highest Rent Price

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# of Residential Units in Progress:

Hotels Rooms in Progress:

Office Space in Progress:

Retail Space in Progress:

Closest Metro Station:

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          Project Financier(s):

          DC Department of Housing and Community Development

          Original Loan Amount:

          $8,000,000.00

          Funding Sources:

          HPTF

          Loan Closing Date:

          2018 3Q

          Contact Us
          Office Location
          • Washington, DC-HQ
            1440 G Street, NW 8th Fl
            Washington, DC 20005
            Phone: 202-788-0407
          • New York, NY
            28 Liberty Street, 6th Fl
            New York, NY 10005
            Phone: 929-383-5327
          • Long Beach, CA
            3750 Schaufele Avenue
            Long Beach, CA 90808
            Phone: 562-337-3044
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          About Areaprobe

          AreaProbe is a research and advisory firm focused on housing and commercial real estate development in urban communities. Our proprietary tech platform reduces turnaround time on research and analysis projects for developers by an average of 75% relative to the market. We combine that efficient, data-backed analysis with an understanding of how different cultural groups interact with the real estate market, and what it means for developers, investors, and financiers. We also facilitate access to capital and project management services from the network we've built during more than four decades of collective experience in real estate development, finance, design and urban planning.