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