Office Building
Arlington, VA
Procured a fixed-rate, permanent loan for this two-story, Class-A medical office building located in Lorton, Virginia. The property contains 20,947 rentable square feet and is 100% leased. A local bank provided the financing for this transaction.
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.
Secured a fixed-rate, permanent loan to refinance this apartment building in Rockville, Maryland. A national bank provided the financing for this transaction.
Apartment Building
Rockville, MD
Flex/Industrial Warehouse
Elkridge, MD
Secured fixed-rate permanent financing to refinance a three-strory office building in Northern Virginia. Financing included structuring around high vacancy and near term rollover.
Office Building
Fairfax, VA
Two Flex Buildings
Sterling, VA
Secured a fixed-rate permanent loan to refinance this three-story office building in Sterling, Virginia. Financing was provided by a national life insurance company.
Office Building
Sterling, VA
Class A Office Portfolio
Chantilly, VA
Secured a fixed-rate, permanent loan to refinance this office portfolio of two buildings in Reston, Virginia. Financing was obtained from an international bank.
Fast Food Portfolio
DC, MD, VA
Procured a fixed-rate, 15-year loan to refinace this 136,762 square foot office building located in Bethesda, Maryland. This six-story building was constructed in 1981 and is equipped with three elevators.
Class A Office Building
Bethesda, MD
Long-Term Ground Lease
Bethesda, MD
Apartment Building
Washington, DC
Apartment Building
Washington, DC
Portfolio
Gainesville, VA
Secured a 10-year, fixed-rated loan in the amount of $20,000,000 to refinance this 143,500 square foot shopping center in Silver Spring, Maryland. Financing was provided by one of our correspondent lenders.
Shopping Center
Silver Spring, MD
Obtained a fixed-rate Fannie Mae loan for this established multi-family property. The apartment community is located in Santee, California, a San Diego suburb.
Apartment Community
Santee, CA
Financing was provided by one of our correspondence lenders for this medical office building in Silver Spring, MD.
Medical Office Building
Silver Spring, MD
Obtained a $17,040,000 aquisition loan to purchase this mixed-use/multi-family property in Annapolis, MD.
Mixed-Use/Multi-Family
Annapolis, MD
Retail Center
Gaithersburg, MD
Two Flex/Warehouse Buidlings
Rockville, MD
Medical Office Building
Lorton, VA
Phillips Realty Capital Corporation was originally founded in Washington DC in 1933 as the Frank S. Phillips home building company. In 1939, as it migrated to provide commercial real estate financing, the Company signed its first mortgage correspondent contract with the Midland Life Insurance Company. Today, Phillips built homes are still found scattered throughout the metropolitan Washington DC area, and continue to be recognized for their enduring quality and style.
Over the past 77 years, the Phillips group of companies have provided a complete spectrum of commercial real estate services. In addition to commercial real estate financing services, the Phillips Companies have developed over 2 million square feet of commercial space, managed millions of square feet of commercial and multi-family properties, provided leasing for its portfolio, and also offered a multi-million dollar property and casualty insurance agency. In recent years, as a result of new leadership and expanded capabilities, the company changed its name to Phillips Realty Capital, symbolizing a shift in focus from development and property management to providing financing solutions to commercial real estate property owners.
Today, Phillips Realty Capital provides financing to real estate investors, developers, and owners for a diverse range of properties, including office, retail, multi-family, industrial and hospitality. Borrowers include many of the area’s most prominent real estate investors, developers, and owners including BF Saul, PN Hoffman, The Bernstein Family, The Winkler Family, Guardian Realty, Lenkin Interests, Lerner Interests, Clark Enterprises, JBG companies, among others.
As one of the area’s most established firms, Phillips Realty Capital has built strong lender relationships that enable lenders to meet their investment goals by providing a pipeline to high volume, quality transactions. Long-term lender relationships include ING, Prudential Mortgage Capital Corporation, Genworth Financial (GE), Berkshire Life Insurance, Ohio National Life Insurance, Principal Capital Management, Canada Life Insurance, Great West Life Insurance and Guardian Life Insurance, among others.
Over the last three years, Phillips Realty Capital has financed in excess of $2 billion in debt and equity in the Washington metropolitan area. On behalf of its correspondent lenders, the firm now services a loan portfolio in excess of $1.5 billion.