BH3 Management provided the financing 1400 Key and 1401 Wilson Blvd.
Rosslyn, VA — Monday Properties announced 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 integrated real estate platform, provided the financing.
“With new capital structure in place from our valued partners at BH3, this is an ideal moment to revisit our development program,” said Tim Helmig, managing partner at Monday Properties. “We’re committed to creating a transformative project that maximizes value for the neighborhood while setting a new standard for urban excellence, 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 community stakeholders to explore amendments to the current zoning approval for the site that will align with the evolving market and meet the goals of the Rosslyn Sector Plan.
“We are excited to have collaborated with Monday Properties on this recapitalization and look forward to working together on the redevelopment. Monday is a best-in-class sponsor with a successful 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 environment. 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 vibrant, walkable urban environment with diverse dining destinations, curated retail and activated green spaces. With excellent public schools and unparalleled transportation access it continues to attract both businesses and residents making it a premier economic hub.
“Arlington County’s approach to thoughtful and managed 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 continues to demonstrate unwavering commitment to innovation and strategic growth and validate 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 transactions representing 37 million square feet and $16 billion in capital value. Monday Properties uses their comprehensive strategy based on high-growth markets and opportunistic investments to deliver unique commercial and residential investment offerings that transform communities and focus on connectivity.