Mixed Use - Debt

NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $17.7 million for 2450 N Street NW in Washington, D.C.

WASHINGTON, D.C. (April 21, 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 permanent financing of $17.7 million for 2450 N Street NW. This class “A” property is located in Washington, D.C.’s coveted West End submarket. The subject property is a mixed-use building that contains five floors of office space below three stories of residential condominiums.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.