Dantes Partners, LLC and its affiliates, in partnership with the Delta Housing Corporation and Gilbane Development Corporation closed on the financing for Delta Pearl in Q1 2022. The total development will consist of a substantial renovation of an existing multifamily building. The project will provide high quality workforce and market rate housing to the H Street Corridor, a neighborhood catering to young, working professionals that has undergone a rapid transformation over the last several years.
1400 Florida Avenue, NE
Fast Facts
- 166 units
- $39.3MM Total Development Cost
- Substantial Rehabilitation and creation of a workforce/market rate development
- Funding Sources:
- — Construction and Permanent Financing
- — Sponsor Equity
- Anticipated Renovation Completion: Q1 2023
Property Website
Development Partners
Lending and Financing Partners
