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EconomicUnited States·15 Oct 2026

Former FBI building in Washington placed in receivership over $221.6 million debt

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The historic Woodies Building at 1025 F Street NW in Washington, DC, was placed under the control of court-appointed receiver Trigild IVL on September 2, 2026, following nine months of missed debt-service payments. The property, owned by entities affiliated with Douglas Development Corp, carries an outstanding loan balance of $221.6 million, an increase…

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Times of India
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