M id A tlantic Real Estate Journal — Owners, Developers & Managers — February 2025 — 9B
www.marej.com
O wners , D evelopers & M anagers BH3 Management provided the financing 1400 Key and 1401 Wilson Blvd. Monday Properties recapitalizes Rosslyn, VA development site with BH3 Management
OSSLYN, VA — Mon- day Properties an- nounced the successful recapitalization of its 2.10- acre urban infill development site in the heart of Rosslyn, encompassing 1401 Wilson Blvd. and 1400 Key Blvd. BH3 Management , a vertically in- tegrated real estate platform, provided the financing. “With new capital struc- ture in place from our valued partners at BH3, this is an ideal moment to revisit our development program,” said Tim Helmig , managing part- ner at Monday Properties. “We’re committed to creat- ing a transformative project that maximizes value for the neighborhood while setting a new standard for urban excel- lence, and the financing from BH3 means we are now poised to move this project forward.” Monday Properties plans to collaborate with Arlington County officials and commu - nity stakeholders to explore amendments to the current zoning approval for the site that will align with the evolv- ing market and meet the goals of the Rosslyn Sector Plan. “We are excited to have col- laborated with Monday Prop- erties on this recapitalization and look forward to working together on the redevelop- ment. Monday is a best-in- class sponsor with a success- ful track record and deep understanding of Rosslyn’s market dynamics,” said Adam Falk , co-portfolio manager and principal, BH3. “Rosslyn is a critical and strategically located submarket for the greater Washington, DC area that continues to evolve into a dynamic mixed-use envi- ronment. We are excited to support Monday Properties and its vision to deliver a truly exceptional project that will serve the community’s growing needs now and into the future.” Arlington consistently ranks among America’s best places to live, offering a vi- brant, walkable urban envi- ronment with diverse dining destinations, curated retail and activated green spaces. With excellent public schools and unparalleled transporta- tion access it continues to attract both businesses and residents making it a premier economic hub. “Arlington County’s ap- proach to thoughtful and man- R
aged expansion demonstrates the possibilities of forward- thinking and effective urban planning and we look forward to working with them and the community to optimize growth,” Helmig added. Monday Properties contin- ues to demonstrate unwaver- ing commitment to innovation and strategic growth and vali- date its ability to identify and capitalize on emerging market opportunities while delivering high-quality commercial and residential properties across diverse asset classes. Monday Properties is a
vertically integrated real estate investment firm that owns, operates, develops and invests in a dynamic portfolio of mixed-use properties. Since 2002, the firm has completed over 88 property transac- tions representing 37 million square feet and $16 billion in capital value. Monday Proper- ties uses their comprehensive strategy based on high-growth markets and opportunistic in- vestments to deliver unique commercial and residential investment offerings that transform communities and focus on connectivity. MAREJ
1401 Wilson Blvd. and 1400 Key Blvd.
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