Recent Transactions

$20,000,000Procured a fixed-rate, permanent loan to finance this ground lease in Bethesda, Maryland. The property consists of 10.2 acres in a highly affulent market. Financing was provided by one of our correspondent lenders.
Ground Lease
Bethesda, MD
$17,000,000Secured a fixed-rate, permanent loan to refinance this 75,265 square foot, multi-building retail center in northwest Washington, DC. Financing for this transaction was provided by a local bank.
Retail Center
Washington, DC
$8,000,000Procured an interim floating-rate loan to refinance this mixed-use property in Frederick, Maryland. A local bank provided the financing for this transaction.
Mixed-Use Property
Frederick, MD
$66,000,000Procured a permanent, fixed-rate loan to refinance this 13-story, 250,000 square foot office building in Washington, D.C. A life insurance company provided the financing for this transaction.
Office Building
Washington, DC
$78,000,000The financing was provided by two separate lenders for nine office buildings. A fixed-rate, permanent loan was procured from a conduit lender to refinance six office buildings and a floating-rate, bridge loan was procured from a national bank to finance the other three office buildings.
Office PortfolioGreater Washington DC
$21,000,000Procured a long-term, fixed-rate loan to refinance this 765-bed student housing portfolio located at six universities in five states. A CMBS lender provided the financing for this transaction.
Student Housing Portfolio
NY, VA, KY, TN, SC
$16,000,000
Secured a long-term, fixed-rate loan to refinance this 422-unit apartment community in Alexandria, Virginia. Financing for this transaction was provided by one of our correspondent lenders.

Apartment Community
Alexandria, VA
$30,000,000Procured a 10-year, fixed-rate loan for this 195,483 square foot, office and retail center in Bethesda, Maryland. Financing was provided by one of our correspondent lenders.
Mixed-Use Property
Bethesda, MD
$20,000,000
Procured a fixed-rate, permanent loan for this 59,391 square foot, grocery-anchored retail center in Potomac, Maryland. Financing was provided by one of our correspondent lenders.

Retail Center
Potomac, MD
$11,000,000Procured a permanent, fixed-rate loan to refinance this 102,376 square foot flex building in Dulles, Virginia. The property has 200 surface parking spaces and is 100% leased. A correspondent life company provided the financing for this transaction.
Flex Building
Dulles, VA
$55,000,000Procured a $33,500,000 bridge loan and $21,215,530 in preferred equity for this 184,213 square foot office building located in Arlington, Virginia. The purpose of the loan was to payoff the existing loan and provide additional capital for renovation and retenanting the building. Financing was provided by a national bank and an institutional fund.
Office Building
Arlington, VA
$12,000,000Procured a fixed rate, permanent loan for this eight-story, Class A office building consisting of 97,468 square feet located in Alexandria, Virginia. The property is situated on a 4.484 acre parcel of land. One of our correspondent lenders, a life insurance company, provided the financing for this transaction.
Office Building
Alexandria, VA
$31,000,000Obtained a construction loan for this multi-family community in Silver Spring, Maryland. The development contains 160 market-rate units and parking. An international bank provided the financing for this transaction.
Multi-Family Community
Silver Spring, MD
$23,000,000
Procured a $23,454,000 construction loan for this 49.2 acre planned, mixed-use development located in Frederick, Maryland. At completion, the project will contain approximately 179,322 square feet of retail/commercial space and 276 residential units. A regional bank provided the financing for this development.

Mixed-Use Development
Frederick, MD
$15,000,000Procured a construction permanent loan for this 46,500 square foot medical office building in Rockville, Maryland. Financing for this transaction was obtained from a regional bank.
Medical Office Building
Rockville, MD
$10,000,000Procured a non-recourse, fixed-rate loan to refinance this 24,885 square foot retail center in Urbana, Maryland. Financing for this transaction was obtained from a local bank.
Retail Center
Urbana, MD
$22,000,000Secured a permanent loan to refinance this multi-family development, consisting of townhomes and apartments, in Ellicott City, Maryland. Financing was provided by one of our correspondent lenders.
Multi-Family Community
Ellicott City, MD
$19,000,000Procured a 10-year, non-recourse permanent loan to refinance this 202,000 square foot, anchored shopping center in Lynchburg, Virginia. A CMBS lender provided the financing for this transaction.
Anchored Shopping Center
Lynchburg, VA
$25,000,000Secured a 10-year, 5.25% fixed rate, permanent loan for the acquisition of this office building in Rockville, Maryland. The property consists of two buildings with 141,859 rentable square feet. A local bank provided the financing for this transaction.
Office Building
Rockville, MD
$8,000,000Procured a 15-year, 4.6% fixed rate, permanent loan for this retail center in Frederick, Maryland. The property contains three buildings, two inline buildings, a leased pad site, as well as parking. Financing was provided by one of our correspondent lenders.
Retail Center
Frederick, MD
$41,000,000Procured a construction permanent loan for this 224-unit apartment community. The property located in Gaithersburg, Maryland, also includes ground level retail and underground parking. Financing was provided by one of our correspondent lenders.

Apartment Community
Gaithersburg, MD
$36,000,000Secured a fixed-rate, permanent loan to refinance this 251,993 square foot, anchored retail center in Gaithersburg, Maryland. The property was 95% leased at closing. One of our correspondent lenders, a life insurance company, provided the financing for this loan.
Anchored Retail Center
Gaithersburg, MD
$22,000,000
Procured a floating rate, construction loan for this 204-unit, seven building, garden-style apartment community in Frederick, Maryland. A national bank provided the financing for this development.

Apartment Community
Frederick, MD
$22,000,000Procured a permanent fixed-rate loan to refinance this 121,970 square foot, grocery-anchored shopping center in Burtonsville, Maryland. Financing was provided by one of our correspondent lenders.
Anchored Shopping Center
Burtonsville, MD
$25,000,000Secured a fixed-rate, permanent loan for the acquistion of this Class A office building in downtown Annapolis, Maryland. A correspondent lender provided the financing for this transaction.
Office Building
Annapolis, MD
$42,000,000Procured a $42,000,000 permanent loan for this newly renovated Class A, office building. This 164,001 square foot property is located in the heart of the Rosslyn-Ballston Corridor in Arlington, Virginia. The loan closed in 17 days with financing provided by a correspondent lender.

Office Building
Arlington, VA
$11,000,000Secured a fixed-rate, permanent loan for the acquisition of this 118,700 square foot, three building, industrial/retail portfolio in Alexandria, Virginia. Financing was obtained from a local bank.
Industrial/Retail Portfolio
Alexandria, VA
$8,000,000Secured a fixed-rate permanent loan to refinance this 106,945 square foot industrial building. The property is located in Newington, Virginia and is 94% leased. A local bank provided the financing for this transaction.
Industrial Building
Newington, VA
$65,000,000Procured a construction loan for this 327-unit, Class A, apartment project in Merrifield, Virginia. Financing was provided by a national bank.
Apartment Project
Merrifield, VA
$20,000,000
The project, which spans two city blocks in Northwest Washington, DC, anchored by a Giant grocery, contains approximately one million square feet of mixed-use development including residential, retail and hotel uses. Financing was procured from a private investor.

Mixed-Use Development
Washington, DC
$70,000,000Obtained a $70,000,000 permanent loan to refinance this 284,904 square foot, Class A office building in southeast Washington, D.C. The property is 100% leased and a national life insurance company provided the financing.
Office Building
Washington, DC
$10,000,000Procured a permanent loan to refinance this anchored shopping center in Millsboro, Delaware. Financing was provided by a national insurance organization.
Shopping Center
Millsboro, DE
$8,000,000Procured a non-recourse, construction/permanent loan for this Class A, two-story medical office building in Woodbridge, Virginia. A local bank provided the financing for the development of property.
Medical Office Building
Woodbridge, VA
$38,000,000Obtained a 15-year, permanent loan for the acquistion of this grocery-anchored shopping center in Severna Park, Maryland. A life company provided the financing for this project.
Shopping Center
Severna Park, MD
$10,000,000Secured a bridge loan for the acquisition of two medical office buildings in Charlotte, North Carolina. Financing was provided by a balance sheet lender.
Two Medical Office Buildings
Charlotte, NC
$15,000,000Obtained a fixed-rate permanent loan for this multi-building retail center in Washington, DC. A regional bank provided the financing for this transaction.
Retail Center
Washington, DC
$16,000,000Secured a fixed-rate loan for the leased fee interest for this grocery-anchored retail center located in Bethesda, Maryland. Financing was provided by one of our correspondent lenders.
Retail Center
Bethesda, MD
$18,000,000Procured a $17,850,000 construction loan for this 49.2 acre planned mixed-use development with retail and residential located in Frederick, MD. Financing was provided by a local bank.
Mixed-Use Development
Frederick, MD
$33,000,000Procured a construction loan for an apartment building in Charlottesville, Virginia. Financing was provided by HUD under their 22(d)(4) loan program.
Apartment Building
Charlottesville, VA
$32,000,000Procured a fixed-rate, permanent loan for three Class A office buildings totaling 276,059 square feet in Chantilly, Virginia. Financing was provided by a CMBS lender.

Class A Office Portfolio
Chantilly, VA
$25,000,000Arranged a preferred equity loan in the amount of $25,000,000 for this office building in downtown Washington, DC. Financing was provided by a public REIT.
Office Building
Washington, DC
$17,000,000Secured a $17,000,000 fixed-rate permanent loan to refinance this 93,328 square foot shopping center in Towson, Maryland. Financing was provided by a life insurance company.
Shopping Center
Towson, MD

Welcome to Phillips Realty Capital

	Since 1933, Phillips Realty Capital has been providing real estate developers, investors and owners with capital solutions that meet their commercial real estate financing objectives. Phillips Realty Capital provides a full range of services including investment analysis and valuations, deal pricing and sizing, complete underwriting, deal process management and closing, third party report review, and loan servicing and administration. We collaborate with our clients to understand and define their financial objectives and arrange the most competitive transaction available in the market.

Since 1933, Phillips Realty Capital has been providing real estate developers, investors and owners with capital solutions that meet their commercial real estate financing objectives.

Phillips Realty Capital provides a full range of services including investment analysis and valuations, deal pricing and sizing, complete underwriting, deal process management and closing, third party report review, and loan servicing and administration.

We collaborate with our clients to understand and define their financial objectives and arrange the most competitive transaction available in the market.