NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $10 million for mixed-use property in Pikesville, Maryland

Mixed-Use Property
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WASHINGTON, D.C. (August 15, 2016) – Gary McGlynn, senior vice president/managing director of NorthMarq Capital’s Washington, DC-based regional office, arranged permanent financing of $10 million for an 80,000 sq. ft. mixed-use property located in Pikesville, Maryland. The two-story, multi-tenant office and retail building is leased to more than 20 companies, including professional services, medical office tenants, merchants and other retail users.

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.