Our Services

In 2017 Evergreen provided Valor Development a bridge loan. The borrower is a mixed-use and multifamily development company which has been in business for over 10 years. Based in Washington DC, Valor focuses on unique project profiles in the most exciting and dynamic areas of the city.

The property was vacant land that the borrower took through the entitlement process for thirty affordable townhouse units. The borrower was approached by the District of Columbia to construct a fire station on the property. The proceeds of the loan were used as a bridge loan until the lease was finalized and approved by the city council.

Since the funding of Evergreens Loan, the Washington DC government has executed a long term lease for the new fire station. The project will be approximately 27,000 gross square feet, including approximately 10,000 square feet of a two story structure on the west side of the property and two approximate 8,000 square feet and 9,000 square feet single story butler buildings to the east

In the Fall of 2018, Evergreen partnered with the Sponsor and invested preferred equity for the purpose of construction and working capital.. Our team is very excited about investing in the needed City infrastructure and in the dynamic development in Washington DC.

What Makes Us Special

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