Berkadia Facilitates $186M Sale and Financing of WestEnd25 in Washington, D.C.
Berkadia has successfully arranged the sale and financing of WestEnd25, a 283-unit luxury multifamily property located in the prestigious West End neighborhood of Washington, D.C.
The transaction was led by Senior Managing Director Brian Crivella and Managing Directors Bill Gribbin and Yalda Ghamarian of Berkadia’s DC Metro office. The team represented the seller, JBG Smith, in the deal. JRK Property Holdings acquired the property for $186 million. Berkadia also secured acquisition financing on behalf of the buyer.
“WestEnd25 is an exemplary high-rise asset situated in one of D.C.’s most prestigious, supply-constrained, and high barrier-to-entry neighborhoods,” said Gribbin. “Its elite amenity package and unique unit mix — including 21 penthouse units and 35 park view units — make it unlike any other community in Washington, D.C.”
WestEnd25 is a 10-story residential building located at 1255 25th Street NW, offering a range of one-, two-, and three-bedroom floor plans. The property is ideally positioned at the intersection of Georgetown, Dupont Circle, and the Central Business District, making it a highly desirable living destination in the capital city.
