EagleBank recently provided financing to Jair Lynch Real Estate Partners to launch the renovation of the historic Meridian Hill Hotel
and former Howard University dormitory at 2601 16th St., NW. The 206-unit, class A apartment building is expected to deliver in Fall 2018. The buidling overlooks Meridian Hill Park and will feature views of the entire city from the upper floors and new rooftop deck and lounge. JPMorgan Chase provided the historic tax credit equity and Grunley Construction is leading the restoration efforts.