NorthMarq Capital arranges permanent financing of $11.7 million for Alexandria Waterfront in Old Town Alexandria, Virginia

Alexandria Waterfront
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ALEXANDRIA (June 20, 2016) – Gregory Nalbandian, senior vice president/managing director of NorthMarq Capital’s New Jersey based regional office and Gary McGlynn, senior vice president/managing director of NorthMarq Capital’s Washington, D.C.’s based regional office, arranged permanent financing of $11.7 million for Alexandria Waterfront, a 55,051 sq. ft. mixed-use property. The property consists of three buildings and features a mix of office and retail uses and is fully leased.

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.