NorthMarq

2010 News 

NorthMarq Arranges $38 Million Financing for 216-Unit, 195,000-Sq.-Ft. Apartment Complex in Uptown Minneapolis

MINNEAPOLIS (Dec. 30, 2010) – NorthMarq Capital announces that it has arranged financing of $38 million for Flux Apartments, a luxury apartment complex being developed by Greco Development in Uptown Minneapolis.

Investment Sales veteran joins NorthMarq in San Francisco

MINNEAPOLIS (Nov. 17, 2010) — NorthMarq announces that it has hired Michael Federle as senior vice president/senior managing director for Investment Sales in the company’s San Francisco office.

Karen Cummings Joins NorthMarq’s Upstate New York Office

ROCHESTER, NY (Aug. 18, 2010) — NorthMarq is pleased to announce the hiring of Karen Cummings as a vice president in its Upstate New York office.

Three Investment Sales Professionals Join NorthMarq in Philadelphia

MINNEAPOLIS (Aug. 10, 2010) — NorthMarq today announced the addition of a three-person investment sales team in Philadelphia.

NorthMarq Sells Two-Building Complex in Rosslyn-Ballston Corridor of Arlington, Va.

MINNEAPOLIS (May 12, 2010) —NorthMarq Investment Services in Washington, D.C., represented a private investor in the sale of Virginia Square Plaza, a two-building medical office and general office complex in the Rosslyn-Ballston Corridor in Arlington, Va.

Investment Sales Executives Mario and Matt Mexia Join NorthMarq in Southern California

MINNEAPOLIS, Minn. (May 3, 2010) — NorthMarq today announced the addition of investment sales brokers Mario Mexia as managing director and Matt Mexia as director, based in NorthMarq’s Newport Beach office.

NorthMarq Sells Three Flint Hill Office Building in Oakton, Va.

MINNEAPOLIS (April 29, 2010) — NorthMarq Investment Services in Washington, D.C., represented OPL, LLC, in the sale of Three Flint Hill, a 160,650-sq.-ft. office building in Oakton, Va.

NorthMarq sells 80,293-sq.-ft. St. Agnes Healthcare Center in Catonsville, Md.

BALTIMORE (March 2, 2010) — NorthMarq’s Investment Sales team in Washington, D.C., has completed the sale of the St. Agnes Healthcare Center, located in Catonsville, Md., for $10.4 million. Jim Kornick, senior vice president, and Matt Clinebell, vice president, represented the buyer, JAG Associates, LLC, in the transaction.

NorthMarq’s San Diego Office Creates Innovative $100 Million Financing Program for San Diego’s Housing Commission

SAN DIEGO, CA. (Jan. 11, 2010) – To support the San Diego Housing Commission’s goal to expand its stock of affordable housing units, NorthMarq’s San Diego office, in conjunction with the Housing Commission, created an innovative finance plan with loans from Fannie Mae and FHA that qualify for the Build America Bonds interest rebate. 

NorthMarq Capital, The Apartment Group Form Finance and Investment Sales Alliance

DALLAS (Jan. 5, 2010) —National commercial real estate firm NorthMarq and Dallas-based The Apartment Group have formed a strategic alliance in Texas to bring a new dimension to the areas of multifamily finance and investment sales.