WBJ | MRP gets financing for Riverfront on the Anacostia

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Excerpt:

MRP Realty Partners LLC's MRP Residential and Florida Rock Properties Inc. have closed on $82 million in construction financing for phase one of their planned mixed-use Riverfront on the Anacostia project in the Capitol Riverfront. 

First Niagara Bank is providing $65 million, with an additional $17 million in equity financing through a joint venture with EB5 Capital.