PLEASE NOTE: In the event that the office building at 5335 Wisconsin Ave is closed, all scheduled Washington, DC sales will take place at the front entrance door of the Chevy Chase Pavilion
Legal Address: 1250 CONNECTICUT AVENUE NW WASHINGTON DC 20036
Property Geocode:
Sale Date: 2026-09-23
Sale Time: 11:00 AM
Online Views: 6
Pardo & Drazin, LLC
4400 Jenifer Street, NW, Suite 2
Washington, DC 20015
202-223-7900
SUBSTITUTE TRUSTEES’ SALE OF REAL PROPERTY
1250 Connecticut Avenue, N.W. Washington, DC 20036
Lot 816 in Square 139
Under a power of sale contained in a certain Deed of Trust, Security Agreement, Financing Statement, Fixture Filing and Assignment of Rents (“Deed of Trust”) dated May 9, 2019 and recorded on May 10, 2019 as Instrument No. 2019049285 with the Recorder of Deeds for the District of Columbia, 1250C CO. LLC (“Borrower”), as grantor, conveyed to DANIEL M. LOPEZ (“Original Trustee”), as trustee, default having occurred under the terms thereof, and following the mailing and recordation of a Deed of Appointment of Substitute Trustees removing Original Trustee as trustee and appointing Jason A. Pardo and Russell S. Drazin (“Substitute Trustees”) as successor trustees, an Affidavit of Non-Residential Mortgage Foreclosure, and a Notice of Foreclosure Sale of Real Property or Condominium Unit, at the request of the current holders of the indebtedness secured by the Deed of Trust (collectively, “Noteholder”), Substitute Trustees will sell at public auction at the office of HARVEY WEST AUCTIONEERS, INC., 5335 WISCONSIN AVENUE, NW, SUITE 440, WASHINGTON, DC 20015, on
September 23, 2026 AT 11:00 AM
ALL THAT LOT OF GROUND AND THE IMPROVEMENTS THEREON (if any) situated in the City of Washington, District of Columbia, known as 1250 Connecticut Avenue, N.W., Washington, DC 20036, and more fully described in the Deed of Trust.
TOGETHER WITH any and all buildings, structures, improvements or appurtenances now erected on the above-described land, including, without limitation, all equipment, apparatus, machinery and fixtures of any kind or character forming a part of said buildings, structures, improvements or appurtenances, which are not owned by any third party, upon or about the above-described land and any buildings thereon all as more particularly described in the aforesaid Deed of Trust (the "Property").
TERMS OF SALE: ALL CASH. The Property will be offered as an entirety only. The bid which yields the highest price for the Property will be accepted by the Substitute Trustees (unless the sale is postponed or cancelled) and all bids will be provisional until acceptance. Notwithstanding the foregoing, the Substitute Trustees absolutely reserve the right to postpone the sale and/or cancel the sale at any time until the auctioneer announces that the Property is "sold" and the deposit in the required amount and form is received by the Substitute Trustees. A deposit in the amount of $2,000,000.00 will be required at the time of sale. Such deposit must be by cashier's check or certified check or in such other form as the Substitute Trustees may determine in their sole discretion. In the event the deposit is less than 10% of the winning bid amount, then the deposit must be increased to 10% of the winning bid amount and delivered to the Substitute Trustees within one (1) business day after the consummation of the sale in the same form of funds as the initial deposit or in such other form as the Substitute Trustees may determine in their sole discretion. Failure to timely tender the deposit or additional deposit shall constitute a material default by the purchaser and result in forfeiture of the deposit.
The Noteholder secured by the Deed of Trust (or any related party) shall be exempted by the Substitute Trustees from submitting any bidding deposit. The Substitute Trustees may, as a condition of the sale, require all potential bidders except the Noteholder to show their deposit before any bidding begins. The retained deposit of the successful purchaser shall be applied, without interest, to the successful purchaser's credit at settlement, provided, however, that in the event the successful purchaser fails to consummate the purchase in accordance with the terms of sale as herein provided or otherwise defaults under the terms herein, such deposit, at the option of the Substitute Trustees, shall immediately be forfeited and all of the expenses of this sale (including attorneys’ fees and full commission on the gross sale price) shall be charged against and paid out of the forfeited deposit with any remaining balance to be credited against indebtedness. The terms of sale must be complied with and settlement consummated thereon within thirty (30) days from the day of sale unless extended at the sole discretion of the Substitute Trustees. TIME IS OF THE ESSENCE. The balance of the purchase price over and above the retained deposit, with interest thereon at the note rate then being charged from the date of sale through the date of receipt of the balance of the purchase price, will be due at settlement in certified funds; and if not so paid by the time specified herein, the Substitute Trustees reserve the right to retain the deposit and resell the Property at the risk and cost of the defaulting purchaser, after such advertisement and on such terms as the Substitute Trustees may deem proper, and to avail themselves and the Noteholder of any legal or equitable rights against the defaulting purchaser. Defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the Property. Purchaser hereby agrees that in the event of any litigation between the Noteholder and purchaser related to the Property, the purchaser shall pay the reasonable attorney’s fees and costs incurred by the Noteholder in such action.
If Substitute Trustees are unable to settle as set forth herein, purchaser’s sole remedy at law and in equity shall be limited to a refund of the deposit and the sale shall be considered null and void and of no effect whatsoever.
The Property is sold subject to the rights, if any, of parties in possession, if such rights have priority over the Deed of Trust, and to any and all covenants, conditions, restrictions, easements, rights of way, and limitations of record. Purchaser shall be responsible for obtaining physical possession of the Property.
The Property will be sold “WHERE IS” and in “AS IS” condition without any warranty or representation as to condition, express or implied, and without any representation or warranty as to the accuracy of the information furnished to prospective bidders by the Substitute Trustees or any other party and without any other representations or warranty of any nature. Without limiting the generality of the foregoing, the Property will be sold without representation or warranty as to (i) title to the Property,
(ii) the nature, condition, compliance, quality, structural integrity, or fitness for a particular use of any improvements, fixtures or personal property included within the Property, (iii) the environmental condition of the Property or the compliance of the Property with federal, state and local laws and regulations concerning the presence or disposal of hazardous substances, (iv) compliance of the Property with the Americans with Disabilities Act or any similar law, or (v) compliance of the Property with any zoning and construction laws or ordinances and any and all applicable safety and building codes and regulations, and acceptance of the Deed to the Property by the successful purchaser shall constitute a waiver of any claims against the Substitute Trustees or the Noteholder concerning any of the foregoing matters. The successful purchaser recognizes that any investigation, examination or inspection of the Property is within the control of the owner or other parties in possession of the Property and not within the control of the Substitute Trustees or the Noteholder.
Conveyance shall be by Substitute Trustees’ Deed, without any covenant or warranty whatsoever, express or implied. The risk of loss or damage by fire or other casualty to the Property from and after the date of sale will be upon the successful purchaser. The Property is sold subject to all taxes, ground rents, public charges, assessments, fines, infractions, violations, liens, leases, encumbrances, sewer, water, drainage and other public improvements whether any assessments have been levied or not and whether any of the foregoing have been recorded or not. The Noteholder and Substitute Trustees assume no liability for fuel, gas, electricity, water and sewer charges, any other utilities and other operating charges accrued before or after the sale and all such charges shall be the sole responsibility of the purchaser. All costs incident to the settlement and conveyancing including, without limitation, examination of title, conveyancing, all recordation taxes and charges, all transfer taxes and charges, title insurance premiums, financing charges and fees, notary fees, settlement fees and all other costs incident to settlement shall be at the sole cost of the successful purchaser.
Additional terms may be announced at the sale. The successful bidder will be required to execute and deliver to Substitute Trustee a memorandum or contract of the sale at the conclusion of bidding.
Jason A. Pardo, Substitute Trustee Russell S. Drazin, Substitute Trustee
SEPTEMBER 9, 11, 15, 17 & 21 (THE WASHINGTON POST)