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With Fannie Mae Out, Donohoe DC Property Feels the Loss

Ground Lease Rents, Redevelopment Costs Reduce Appraised Value on Empty Building to Zero Dollars
The appraisal value of Fannie Mae's old headquarters at 4000 Wisconsin Ave. NW in Washington, D.C., has been written down to zero dollars. Photo: CoStar
The appraisal value of Fannie Mae's old headquarters at 4000 Wisconsin Ave. NW in Washington, D.C., has been written down to zero dollars. Photo: CoStar
CoStar News
February 26, 2019 | 7:28 P.M.

The appraisal value of Fannie Mae's old headquarters in northwest Washington, D.C., has been written down to zero dollars now that the government-sponsored enterprise has fully moved out.

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