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Investors Snag Minority Stake in Fannie Mae HQ

Carr Properties Recapitalizes Midtown Center, Office Property Valued at $980 Million
Midtown Center at 1100 15th St. NW in Washington, D.C., has been home to the Federal National Mortgage Association since 2018. (CoStar)
Midtown Center at 1100 15th St. NW in Washington, D.C., has been home to the Federal National Mortgage Association since 2018. (CoStar)
By Ella Anderson
CoStar Research
April 28, 2021 | 6:55 P.M.

Carr Properties has sold a minority stake in Midtown Center in downtown D.C., headquarters to Fannie Mae and arguably one of the District's most expensive commercial properties.

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