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Perseus TDC Secures Financing for 158-Unit Luxury Apartments in Historic Northwest DC

EagleBank Provides Construction Financing to Perseus-Allstate Joint Venture
The apartments will include a mix of studios, one- and two-bedroom units, and townhouse-style duplexes. (Perseus TDC)
The apartments will include a mix of studios, one- and two-bedroom units, and townhouse-style duplexes. (Perseus TDC)
By Craig Donahue
CoStar Research
July 27, 2021 | 11:14 P.M.

A joint venture led by developer Perseus TDC and equity partner Allstate Insurance Company has secured construction financing from EagleBank for a luxury apartment development in Washington, D.C.’s Sixteenth Street Historic District.

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