April 16, 2015

NorthMarq Capital’s Washington, D.C. office arranges $75 million refinancing of Quincy Plaza Apartments in Arlington, Virginia

Quincy Plaza Apts

Debt & Equity

Multi-Tenant

WASHINGTON, D.C. (April 15, 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 the $75 million refinance of Quincy Plaza Apartments, a 499 unit multifamily property located at 3900 North Fairfax Drive in Arlington, Virginia. The transaction was structured with long term interest-only financing. “This class “A” asset is located in one of the most dynamic submarkets in the Washington, D.C. region and will continue to be a very successful asset for years to come,” said McGlynn.

Available Multifamily properties

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.