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Congratulations to our partners at John B. Levy & Company on the successful closing of a $25.35 million first mortgage refinance for a luxury condominium project in McLean

2/19/2026

 
John B. Levy & Company — February 19, 2026 — John B. Levy & Company (JBL&Co.) is pleased to announce the successful closing of a $25,350,000 first mortgage refinance for The Lowell, a luxury condominium project located in McLean, Virginia. 

Closed! $25.35 Million First Mortgage Refinance Luxury Condominium Project – McLean, Virginia

John B. Levy & Company — February 19, 2026 — John B. Levy & Company (JBL&Co.) is pleased to announce the successful closing of a $25,350,000 first mortgage refinance for The Lowell, a luxury condominium project located in McLean, Virginia. 
 
The loan was secured by residential condominium collateral within The Lowell, a recently constructed, 44‑unit luxury condominium project situated in a prime McLean location, offering exceptional access to Washington, D.C. and surrounding employment centers. The refinancing enabled the sponsor to retire both the senior and mezzanine construction debt while lowering the overall cost of capital. JBL&Co. served as exclusive advisor to the borrower, structuring and arranging the financing to meet the sponsor’s objectives.
 
“This transaction highlights the depth of our lender relationships and our continued focus on delivering thoughtful capital solutions for our clients,” said Sandler Passman, Principal of John B. Levy & Company. “Despite ongoing market volatility, opportunities remain for strong assets in premier locations.”
 
The successful closing further highlights JBL&Co.’s expertise in structuring and placing debt for complex residential projects, as well as its commitment to guiding clients through evolving capital markets.

About John B. Levy & Company
John B. Levy & Company is a premier real estate investment banking firm providing debt and equity placement services for commercial real estate transactions nationwide. With a focus on innovation, strategic partnerships, and tailored capital solutions, the firm has a proven track record of successfully navigating complex real estate finance environments.

Want to learn more about this project or our investment strategy?
Contact Sandler Passman at 
[email protected] or 804-500-9033​
Source: ​https://www.jblevyco.com/

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    Pickwick serves exceptional companies and leading investment funds across the US, offering investment banking expertise and fund placement advisory to lower middle-market clients. We tightly couple our strategic advisory services with our financial and transaction services and believe that this approach is highly differentiated in the financial advisory marketplace.  ​
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  • About Us
    • Our Difference
    • News
  • Capabilities
    • Overview
    • Investment Banking
    • Fund Placement
    • Chaperoning
  • Select Transactions
  • Our People
    • Executive Team
    • Investment Banking Professionals
    • Fund Placement Professionals
    • Our Partners
  • Join Us
  • Contact Us