NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $17.7 million for 2450 N Street NW in Washington, D.C.

2450 N Street NW
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WASHINGTON, D.C. (April 21, 2015) – Gary McGlynn, senior vice president/co-managing director and Kenneth Gentzel, senior vice president/co-managing director of NorthMarq Capital’s Washington, D.C. office arranged permanent financing of $17.7 million for 2450 N Street NW. This class “A” property is located in Washington, D.C.’s coveted West End submarket. The subject property is a mixed-use building that contains five floors of office space below three stories of residential condominiums.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.