---
title: "Jemal Equities Refinances D.C. Office Building With $27M CMBS Loan"
url: https://burnaze.com/article/8d3cdab5-e0b3-43cd-83a2-27e981a0f4fc
source: "Commercial Observer"
original_url: https://commercialobserver.com/2026/07/jemal-equities-refi-1750-h-street-nw/
author: "Mark Hallum"
category: "Real Estate"
topics: ["Finance & M&A"]
published: 2026-07-10T13:44:23.000Z
modified: 2026-10-31T13:18:42.286Z
image: https://commercialobserver.com/wp-content/uploads/sites/3/2026/07/1750-H-St_Cary-Pollack_matthew-jemal_Joe-Dyckman-copy-1.jpg?quality=80&resize=1200%2C630&strip=
---

# Jemal Equities Refinances D.C. Office Building With $27M CMBS Loan

**TL;DR:** Jemal Equities has secured a $27 million commercial mortgage-backed securities loan for its office building at 1750 H Street NW in Washington, D.C., which it purchased in July 2025 for $28.5 million. The loan, arranged by Meridian Capital Group and provided by Citibank, retires the initial acquisition funding with fixed-rate, permanent debt.

*By Mark Hallum, originally published in Commercial Observer on 2026-07-10. [Read the original](https://commercialobserver.com/2026/07/jemal-equities-refi-1750-h-street-nw/).*

## Story

**Jemal Equities** has landed a $27 million commercial mortgage-backed securities loan for **1750 H Street NW** in Washington, D.C., Commercial Observer has learned.

The loan, from **Citibank** and arranged by **Meridian Capital Group**, follows the July 2025 purchase of the building by Jemal for $28.5 million. At the time, the 123,000-square-foot office building was almost completely vacant, but has seen significant leasing momentum since, according to the lender.

Purchased with a short-term bridge loan, the new round of financing retires the initial acquisition funding with fixed-rate, permanent debt, according to Meridian.

“**Matthew Jemal** laid out his game plan from day one — acquire the building with high vacancy, bridge it, lease it up, and take it out with permanent debt — and he executed it within a single year,” Meridian’s **Cary Pollack**, who arranged the financing alongside **Judah Neuman**, said in a statement, referring to Jemal Equities’ founder. “It is rare to see a business plan come full circle that quickly, and it speaks to the strength of the sponsorship and the quality of the asset.”

Citibank did not immediately respond to a request for comment while Matthew Jemal could not be reached for comment.

Tenants in the Downtown D.C. building near the **White House** and **World Bank** include **World Food Program USA**, **Kids in Need of Defense**, the **U.S. General Services Administration** and the **Glenmede Trust Company**.

## Entities

- Real Estate (sector)
- real estate (topic)
- Commercial Observer (publication)
- Mark Hallum (person)
- refinancing (topic)
- Meridian Capital Group (company)
- White House (location)
- office building (topic)
- Citibank (company)
- Jemal Equities (company)
- Matthew Jemal (person)
- Cary Pollack (person)

---
Originally reported by Mark Hallum, Commercial Observer (https://commercialobserver.com/2026/07/jemal-equities-refi-1750-h-street-nw/). Summarized by Burnaze (https://burnaze.com/article/8d3cdab5-e0b3-43cd-83a2-27e981a0f4fc).