Chevy Chase, MD


Federal Capital Partners (FCP) today announced the refinancing of 1101 Connecticut Avenue, NW in downtown Washington, DC. The $42 million first trust loan was provided by SunTrust Bank and replaces a previous $35 million loan. FCP acquired an interest in the building as part of a joint venture with Penzance in 2010.

Federal Capital Partners Sr. Vice President of Capital Markets, Steve Walsh, commented, “1101 Connecticut has a strong tenant profile, and the building’s sustained performance attracted many aggressive financing offers. We are very pleased with the financing we secured from SunTrust.”

1101 Connecticut is a 12-story, 187,879 square-foot office building located at the Farragut North Metro Station with views of the White House and the Washington monument.

FCP extends its appreciation to David Webb, Phil Mudd, Jamie Butler, Christian Miles and Brad Geiger of Cassidy Turley for their representation.


About Federal Capital Partners

Federal Capital Partners (FCP) is a privately held real estate investment company that has invested in or financed more than $3.0 billion in assets since its founding in 1999. FCP is seeking debt and equity investments in commercial and residential real estate throughout the Mid-Atlantic region, including Washington DC, Maryland, Pennsylvania, Virginia, Delaware, West Virginia, New Jersey and the Carolinas. FCP buys assets directly as well as through joint ventures with local operating partners through equity, preferred equity or mezzanine debt investments.

In December 2012, FCP was recognized by PERE Magazine as one of the Top 10 Emerging Fund Managers. The firm, based in Chevy Chase, MD, manages $769 million of discretionary capital. FCP is currently investing FCP Realty Fund II, L.P., a $529 million commingled, discretionary fund closed in 2012. For further information on FCP, please visit