NorthMarq Capital’s Washington, D.C. office arranges $40 million permanent financing for downtown office property

Downtown Office Property
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WASHINGTON, D.C. (November 21, 2016) – Jason M. Smith, senior vice president/senior director and Gary McGlynn, senior vice president/managing director of NorthMarq Capital’s Washington, D.C.-based regional office, secured permanent financing of $40 million for a 220,000 sq. ft. trophy, multi-tenant office property located in Washington, D.C. The property is strategically located in the epicenter of downtown Washington, D.C., just three blocks from the White House and within one block of the McPherson Square Metro Station.

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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.