Firm News

Apr 30, 2014

Seyfarth Represents Bank of America in Washington Business Journal’s Best Real Estate Deal of 2013: Financing

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Seyfarth Shaw LLP advised Bank of America NA as co-lender in a syndicated loan to The JBG Cos. in connection with its Fort Totten Square development in Northeast D.C. The development was recognized by Washington Business Journal as winner of Best Real Estate Deal of 2013: Financing.

JBG broke ground on the $127 million mixed-use project in January 2013. Wal-Mart signed a lease for nearly 120,000 square feet with JBG in August 2012 to anchor the 345-unit residential-and-retail development, kick-starting a project that had been in the works since 2008.

The Seyfarth team was led by Washington, D.C. Partner Ronald Gart and included Associate Elizabeth Carroll.

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