JBG SMITH has started leasing at Valen, a new mixed-use tower at 2050 South Bell Street in National Landing. The project will feature 355 rental apartments and approximately 15,000 square feet of street-level retail.
“Valen represents the next step in National Landing’s ongoing transformation into a vibrant, 24/7 urban destination,” said Michelle Tierce, Executive Vice President of Asset Management at JBG SMITH. “We’re excited to welcome residents to Valen, where distinctive, elevated living meets the dynamic energy of National Landing.”
Valen offers residences with one- to three-bedroom layouts. Designed by global architecture firm KPF, the 25-story glass tower features floor-to-ceiling windows with views of the Washington, D.C. skyline, National Landing, and the Potomac River.
Valen is situated near Water Park, the Crystal City Metro station, a planned Virginia Railway Express regional rail connection, and the upcoming pedestrian bridge linking National Landing directly to Ronald Reagan Washington National Airport.
Affinius Capital LLC has originated a $226-million loan to refinance 55 Willoughby (marketed as House 55), a Class A, 295-unit, 43-story multifamily property with 3,200 square feet of ground-floor retail located in Downtown Brooklyn. The loan was made to a joint venture between Lonicera Partners and Rabina. Proceeds will bridge the property to stabilization early...
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Northmarq’s Midwest Multifamily Investment Sales team of Parker Stewart, Anthony Martinez, Dominic Martinez and Alex Malzone, with Jim Gibson, brokered the $9.4 million sale of Southfield Apartments. The 84-unit multifamily complex was built in 1993 and is located at 7009 S 83rd St. in La Vista, Nebraska. Northmarq represented the seller, an Omaha-based private investor in...
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JLL has arranged the $25 million sale of FourNorth Apartments, a 76-unit boutique apartment community in Arlington Heights, Illinois. JLL worked exclusively on behalf of the seller, Benchmark Developers, in the sale of the property to a private investor. JLL’s Capital Markets Investment Sales and Advisory team representing the seller was led by Bill Baumann,...
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