Forging new relationships to support future growth

1500 K was built in 1928 and is located in the central business district of Washington, D.C. This historic Grade A office building underwent a US$20m refurbishment and modernisation programme and has achieved LEED Gold, Energy Star, WiredScore Gold and WELL Heath-Safety certifications following the improvements.

Using a debt broker, we engaged over 50 potential lenders to refinance this jointly-owned property, introducing Grosvenor to a large number of potential future lending relationships and increasing awareness of our presence in the market. 

We secured an US$82.1m loan through a new lending relationship and improved our access to the debt market to enhance our future growth requirements.

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