NorthMarq Capital arranges bridge financing of $21,000,000 for 1720 Eye Street NW, Washington, D.C.
WASHINGTON D.C. (April 12, 2018) NorthMarq Capital’s Washington, D.C. regional office arranged bridge financing of approximately $21,000,000 for a 72,688 sq. ft. transit-orientated multi-tenant office property strategically located one block from the Farragut West Metrorail Station along Eye Street NW in the Washington, D.C. Central Business District. NorthMarq sponsored the bridge facility through a correspondent life insurance company. Proceeds will be utilized to renovate and reposition 1720 Eye Street NW into a state of the art multi-tenant office property.
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