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Toll Brothers Joint Venture Secures $160 Million Loan for Sursum Corda Redevelopment

Team Kicks Off Phase One of Development Set to Bring 1,100 Apartments to DC's NoMa Neighborhood
The Sursum Corda redevelopment is now underway at the nexus of D.C.'s NoMa, Mount Vernon Triangle and Shaw neighborhoods. (Toll Brothers)
The Sursum Corda redevelopment is now underway at the nexus of D.C.'s NoMa, Mount Vernon Triangle and Shaw neighborhoods. (Toll Brothers)
By Bryce Meyers
CoStar News
December 16, 2020 | 11:10 P.M.

A new joint venture led by Toll Brothers has closed on $160 million in construction financing for the redevelopment of Sursum Corda, a former low-income housing cooperative in Washington, D.C.'s NoMa neighborhood.

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