August 2022

Terrace Manor Financing Closes; WC Smith Mortgage Eclipses $2 billion in Completed Loans

Financing closed on Terrace Manor, marking a key milestone for the development of WC Smith’s fully affordable, 130-unit multifamily project in DC’s Randle Heights neighborhood. The $79.8 million project is being financed through the DC Department of Housing and Community Development’s Housing Production Trust Fund, tax-exempt bonds and a permanent loan through the US Department

Terrace Manor Financing Closes; WC Smith Mortgage Eclipses $2 billion in Completed Loans Read More »