2d • Deal Finding
Non-Performing Note
A rare opportunity to acquire a non-performing promissory note secured by a first-priority lien on a renovated, stabilized multifamily asset in the Fort Dupont neighborhood of Washington, DC. The underlying collateral, an 8-unit apartment building, was 90% occupied as of May 2026, with a waiting list typical of this supply-constrained submarket.
Originated Interest Rate (Fixed); 4.73%
Default Interest Rate: 9.73%
Origination Date: June 30th 2021
Monthly P&I: $10,583.22
Maturity Date: July 2026
Unpaid Balance: $1,261,308.00
Outstanding Months: Feb – May 2026
Next Due date: June 1, 2026
Collateral Value: $2.3M
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Non-Performing Note
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