Mixed Use

NorthMarq Capital’s Washington DC office secures permanent financing of $35 million for mixed-use property in Arlington, Virginia

WASHINGTON DC (February 2, 2018) – NorthMarq Capital’s Washington DC regional office arranged permanent financing of $35 million for a mixed-use, high-rise property located in the Rosslyn-Ballston Corridor of Arlington County, Virginia.

The transit oriented residential/commercial/retail property is within walking distance from the Orange and Silver lines of Metro. The 20 story property is comprised of over 500 residential units and ground floor commercial and retail uses. The 1980’s vintage property was last renovated in 2016 and maintains a strong occupancy history.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks, with a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes approximately $13 billion in commercial real estate loans annually and services a loan portfolio of more than $50 billion. For more information please visit northmarqcap.wpengine.com.