NorthMarq’s Washington, D.C. office arranges permanent financing of $18 million for multifamily property located in Arlington, Virginia
Arlington Multifamily
WASHINGTON, D.C. (April 27, 2017) – Gary McGlynn, senior vice president/managing director of NorthMarq’s Washington, D.C. regional office, arranged permanent financing of $18 million for a 560-unit multifamily property located in Arlington, Virginia. The property is a class “B” apartment complex consisting of 20, two and three garden-style buildings in a campus-like setting, approximately 2 miles west of the Pentagon. Developed from 1942-1948, it continues to enjoy outstanding performance in its marketplace.
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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.
