# Distressed DC Office Sells Below Debt

> DC office sells for $79.5m below $140m debt.
- Title: Distressed DC Office Sells Below Debt · The Real Deal
- Summary: DC office sells for $79.5m below $140m debt. Assembly Real Estate and FitzWalter Capital bought a distressed DC office building for $79.5 million, far less…
- Keywords: assembly real estate, fitzwalter capital, dc office, debt, capital one arena, seventh street nw, monumental sports network, eversheds sutherland, real estate, business, Distressed, Office
- Source: The Real Deal — https://therealdeal.com/national/2026/10/08/distressed-dc-office-sells-for-well-below-debt-on-property
- Author: TRD Staff
- Published: 2026-10-08T20:45:00+00:00
- Read time: 1 min
- Topics: assembly real estate, fitzwalter capital, dc office, debt, capital one arena, seventh street nw, monumental sports network, eversheds sutherland, real estate, business
## Distressed DC Office Sells Below Debt
Assembly Real Estate and FitzWalter Capital bought a distressed DC office building for $79.5 million, far less than the $140 million debt it was backed by.
## Property Sold via Foreclosure
An affiliate of Affinius Capital sold the property through a deed in lieu of foreclosure.
## Recent Distress in DC Market
The sale follows other distressed DC office sales, including WC Smith's $43 million short sale of its headquarters.
## Key takeaway

Assembly Real Estate and FitzWalter Capital bought a distressed DC office building for $79.5 million, far less than the $140 million debt it was backed by.