Relationships First.

We’ve always focused on building relationships, the most important of which is the one we have with our home, Washington, D.C., and its surrounding communities. The impact of that relationship is showcased on this site, a digital portfolio of large CRE projects and small businesses, a school, new developments and carefully restored historic buildings throughout the area.

For the first edition of this ongoing showcase, we’ve focused on the redevelopment of our 14th Street Corridor and surrounding neighborhoods. As we continue our work in helping build and develop local DMV areas, we will continue adding to this showcase. Be sure to check back for updates.

Looking for a partner?

While our expertise lies in commercial mortgages, construction financing, and FHA multifamily lending, we also offer a full range of business banking services such as treasury management, insurance, money market accounts, and more.

If you’d like to learn more about how we can help you and your business Soar Higher, we’re always looking for new partners.

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7830 Old Georgetown Rd

Bethesda, MD 20814

eaglebankcorp.com

info@eaglebankcorp.com

301-986-1800

Reshaping the District.
Block by Block.

While our loans help build businesses, it’s our relationships that help build neighborhoods. This approach has successfully delivered some of the District’s largest community and commercial developments, creating opportunities for the surrounding area to thrive. It’s the place we call home and we’re committed to helping it Soar Higher.

Explore the map and site to see some of the large-scale CRE projects, small-scale community developments, and restored historic landmarks we’ve financed throughout the DMV.

The Griffin at Petworth

3801 Georgia Ave NW

 Multifamily

The Griffin is a seven-story, multi-family luxury apartment building located steps away from the Metro in the neighborhood known as Petworth.

When construction of the project began in earnest in 2011, Petworth was emerging from its past as a “suburb within the city” that had fallen behind in development. New shops and services had started moving to the area, and EagleBank saw the opportunity to invest in energizing growth in this DC community.

The development company was a single-purpose entity, 3801 Georgia Avenue, LLC backed by principals of DC companies – Donatelli Development, McCullough Construction, and JCM Associates. EagleBank’s initial investment was for development and construction, but the bank was called upon to also refinance post-construction after a planned property sale contract fell through. The refinancing allowed the developers to begin leasing up the Griffin apartments while seeking a new buyer.

Thanks to our focus on building relationships, we were able to work closely with the development team and bridge the gap until a suitable property buyer was identified. The Griffin now stands as a preeminent property in the renewed Petworth neighborhood.

Petworth Apartments

3830 Georgia Ave NW

 Multifamily

This five-story multi-family residential and retail building features 218 apartments, a new Safeway grocery store, and below-ground parking for residents and shoppers alike.

On the site of an antiquated Safeway grocery store, EagleBank saw an opportunity to bring a vibrant collection of new amenities to the emerging Petworth and Park View neighborhoods.

Coming on the heels of the recent completion of The Griffin at 3801, EagleBank worked with Dubal LLC, the City, and Safeway to structure a construction loan that met a variety of unique needs. Safeway was responsible for costs associated with shopper parking and the grocery space, while EagleBank helped Duball cover the residential parking and construction costs of the five floors of apartments. This provided a much-needed community amenity that helped spur the revitalization of the Petworth neighborhood.

We are excited to be a part of this addition to another thriving area that continues to Soar Higher.

The Liz

1701 14th St NW

 Mixed Use

Built on a storied history of community service and enduring cultural impact, The Liz honors the care provided by Whitman-Walker Health and the Elizabeth Taylor Medical Center.

Incorporating two iconic structures of the 14th Street neighborhood, The Belmont Garage and Elizabeth Taylor Medical Center, this mixed-use property combines a rich cultural history with state of the art residential, retail and office uses – including one of DC’s first Amazon Go stores.

As a longtime lender and supporter of Whitman-Walker Health, EagleBank was able to work with FiveSquare Development by extending the initial construction loan based on strong financials shown by the property’s lease-up velocity. In addition, the development will provide funding for Whitman-Walker Health to expand its reach in DC, supporting our belief that building community health is essential for any market to Soar Higher.

Âme at Meridian Hill

2601 16th St NW

 Multifamily

The historic nature of this property cannot be ignored. First built by the Federal government during WWII, it was known as the Meridian Hill Hotel for Women and housed the many women who came to DC in order to fill the jobs of those fighting overseas.

Post-war, it was a women-only hotel, serving transient workers as they passed through DC. Then in 1968, the building took on new life as Howard University converted it for dormitory use, becoming a place of residence for the young minds boldy shaping our future.

In 2015, EagleBank assisted Jair Lynch Real Estate Partners in the purchase and transformation of the building into Class A apartments, aptly named âme, French for “soul” and an homage to the French Government. Due to the historic nature of its architecture and surrounding neighborhood, EagleBank worked with the developer to provide bridge financing and close the timing gaps of their Historic Tax Credits.

We were proud to have helped with this transformation and revitalization as the Columbia Heights neighborhood continues to Soar Higher.

The Brooks at the Parks at Walter Reed

1000 Butternut St. NW

 Multifamily

The Brooks at the Parks sits on the historic site of the former Walter Reed Army Medical Center, one of the first Army medical facilities in the US.

From 1909 to 2011, it was the US Army’s flagship medical center, serving more than 150,000 active and retired military personnel for over a century of American history.

After merging with the National Naval Medical Center in Bethesda, the US government put the 60+ acre site up for redevelopment with the goal of preserving its legacy. Thanks to a joint venture between DC Developer, Urban Atlantic Development and the international developer, Hines, the project is now underway as one of DC’s newest and most vibrant communities, known as The Parks at Walter Reed.

EagleBank’s creativity and flexibility were critical in finding the right lending structure for this extremely complex acquisition, helping to finance some of the first parcels to be developed. One of which is The Brooks – an 89-unit condominium building, now home to many of The Parks first residents.

Meridian Public Charter School

2120 13th St NW

 Leasehold

Meridian Public Charter School was founded in 1999 as one of the original public school charters approved by the District of Columbia Public Charter School Board (DCPCSB).

Its mission is to inspire a passion for learning in their students and to help them build their self-confidence and self-respect through academic achievement. Meridian Public Charter School began as a Pre-Kindergarten to third grade school with one hundred students, and has grown into a school community serving more than six hundred diverse students in Pre-Kindergarten to eighth grade on two campuses—an Elementary School at 2120 13th Street NW (U Street neighborhood) and a Middle School at 770 Kenyon Street NW (Columbia Heights neighborhood). Meridian has a rich history and has been a cornerstone of the Meridian Hill community and U Street corridor for many years.

EagleBank’s relationship with Meridian Public Charter School began in 2018 when the bank refinanced the school’s existing New Market Tax Credit debt. Since 2018, Meridian’s leadership team has formed a close working relationship with EagleBank’s commercial lending team, which led to EagleBank providing Meridian more financing in 2020. This second bond financing enabled Meridian Public Charter School to purchase the ground lease of 770 Kenyon Street NW, a 41,688 square foot school building located in Columbia Heights, in order to relocate and expand their middle school campus to accommodate growth and the educational needs of students. By supporting and banking a nurturing, child-centric, and successful charter school and community member in Meridian Public Charter School, EagleBank reinforces its commitment to the D.C. community.

Streets Markets

2400 14th St NW

 Term Loans

Grocery stores designed for compact, walkable neighborhoods. That was Shin Na’s vision for his newest venture, Streets Markets.

After successfully growing Hana Foods into one of the largest regional distributors of organic, gourmet, and specialty foods, he saw the ways in which fresh food can add vitality and energy to local neighborhoods.

EagleBank was proud to support his vision, starting with Streets Markets first store on 14th Street, and expanding to the now six stores across DC, Baltimore, and Northern Virginia. Financing the evolution has not only helped bring his stores to reality, but also helped energize the areas where we are supporting growth for residential markets to Soar Higher.

Compass Coffee

1401 I St NW

 Term Loans

There’s no better way to add buzz to a residential neighborhood than with DC’s fastest growing roastery and café, Compass Coffee.

EagleBank’s involvement has been focussed on Compass Coffee’s expansion from a roaster/café to a CPG model, with new product lines and distribution into area grocers and restaurants. From its new roastery and distribution center in Ivy City, Compass Coffee is available now in over 100 DC-area restaurants and at Whole Foods and Giant grocers. Their ambitious goal of becoming the definitive coffee brand of DC is something we’re proud to be a part of, so they can Soar Higher.

R Street

1309 R St NW

Residential Condo

1728 14th St

1728 14th St NW

Mixed Purpose

Highroad Hostel

1800-1804 Belmont Rd NW

Special Purpose

AdMo Heights

1767 Columbia Rd NW

Mixed Use

AdMo Heights

1731 New Hampshire Ave NW

Special Purpose

Borger Management

1755-1757 S ST NW

Mixed Use

The Ivanhoe

1360 Peabody St NW

Multifamily

Kalorama Rd

1837 Kalorama Rd NW

Single Family

Sheridan Shopping Center

6201-6219 Georgia Ave NW

Retail

The Lofts at Adams Morgan

2338 Champlain St NW

Residential Condo

15th Street

3035 15th St NW

Residential Condo

Otis Flats

809-811 & 812 Otis Pl NW

Multifamily

Georgia Avenue

5720 Georgia Ave NW

Retail

Harvard Lofts

1466 Harvard St NW

Residential Condo

Carroll Street

314 Carroll St NW

Mixed Use

T Street Post Office

1407-1409 T St NW

Retail

The Wallasey

2426 19th St NW

Multifamily

Perseus

1827 Adams Mill Rd NW

Residential Condo

Georgia Avenue

3210-3400 Georgia Ave NW

Mixed Use

Meridian Public Charter School

770 Kenyon St NW

Leasehold

Paul Public Charter School

5800 8TH St NW

Leasehold

Rupsha Inc

22-24 Kennedy St NW

Industrial

Union Row Retail

2125 14th St NW

Retail

Latin American Youth Center

1419 Columbia Rd NW

Mixed Use

Washington Humane Society

5 Ogelthorpe St NW

Industrial