NorthMarq Capital's Washington, D.C. office arranged $15.2 million mortgage for 8381 & 8391 Old Courthouse Road in Vienna, Virginia
8381 & 8391 Old Courthouse Road
WASHINGTON, D.C. (July 30, 2013) – Gary McGlynn, senior vice president and managing director of NorthMarq’s Washington, D.C. regional office, arranged acquisition financing of $15.2 million for 8381 and 8391 Old Courthouse Road in Vienna, Virginia. This asset consists of two suburban office buildings containing a combined total of 95,000 sq. ft. NorthMarq arranged this interest-only financing for the borrower through its relationship with a non-recourse bridge lender.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
