The Modern at Art Place

Project Details:

Reference:

  • The Morris and Gwendolyn Cafritz Foundation
  • Jane Cafrtiz
  •  [email protected]
  •  202-744-3338

Development Program

  • 520 Mixed-income Multigenerational Unit Development
  • 141 Affordable Units (98 Units Dedicated to Seniors)
  • 379 Market Rate Units
  • 261,852 SF Housing Units
  • 104,815 SF Commercial Development

Total Development Budget

  • $178,628,469 Million

Financing Structure

  • Freddie Mac Forward Commitment Taxable Bonds
  • Developer’s Equity

Services Provided

  • Entitlements
  • Financing
  • Development
  • Construction Management
  • Asset Management