NorthMarq’s Washington, DC arranges $12 million in permanent financing of 2401-2419 & 2525 Mt. Vernon Avenue in Alexandria, Virginia

Mt. Vernon Avenue
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WASHINGTON, D.C. (April 22, 2016) – Jason Smith, senior vice president of NorthMarq’s Washington, D.C. regional office arranged $12 million in permanent financing for a 72,540 sq. ft. mixed-use property strategically located along Mt. Vernon Avenue in the burgeoning Del Ray neighborhood of Alexandria. The subject property is composed of office, retail and multifamily components and is currently 100 percent leased. The property is located at 2401-2419 Mount Vernon Avenue & 2525 Mt. Vernon Avenue in Alexandria Virginia.

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.