WASHINGTON, D.C. – August 23, 2021 – Berkadia announces it has secured an $86 million loan for the refinance of Meridian at Braddock Station, a 480-unit high-rise multifamily property located in Alexandria, Virginia. A major national life company provided the borrower with a 10-year interest-only loan.
Located at 1200 First St., Meridian at Braddock Station offers studio, one- and two-bedroom floor plans with recently renovated units featuring wood plank flooring, quartz counter tops, stainless steel appliances and Nest thermostats. Community amenities include a rooftop terrace with a swimming pool and expansive sundeck, penthouse club room with billiards, a fully equipped fitness center and a courtyard lounge with barbecue grills, firepit, bocce court and dog park, among others. Residents are afforded convenient access to the Braddock Road Metro as well as shopping and dining in Old Town Alexandria a short walk away.
The Berkadia team was led by J. Tyler Blue, Paul Wallace, Robbie Driscoll and Pat Cunningham of Berkadia DC Metro.