HFF arranges $95 million financing for BLVD at Reston Station
HFF, a provider of commercial real estate and capital markets services, announced Monday it has secured $95 million in financing for BLVD at Reston Station, a 21-story luxury apartment building that will be atop the Wiehle-Reston East Metro Station in Reston.
HFF worked on behalf of Comstock Partners to place the 48-month construction loan with Citizens Bank.
The building will be the inaugural phase of the Reston Station mixed-use project that will include 550,000 square feet of Class A office space, retail, a 200-room hotel and another multi-family residential building. The residential units will average 868 square feet each and will include studio, one-, two- and three-bedroom floor plans. Community amenities will include a rooftop swimming pool, fitness facility, yoga room and private entertaining area. Preleasing for BLVD at Reston Station will begin in late 2015.
Wiehle-Reston East Metro Station is the last stop on Phase I of the new Silver Line that’s debuting Saturday.