Hospitality - Debt

NorthMarq Capital’s Washington, D.C. office arranges $13 million in permanent financing for Hyatt House in Herndon, Virginia

WASHINGTON, D.C. (May 1, 2015) – Gary McGlynn, senior vice president/co-managing director and Jason Smith, senior vice president of NorthMarq Capital’s Washington, D.C. based regional office arranged permanent financing of $13 million for Hyatt House, a 104-room hospitality property located at 467 Herndon Parkway in Herndon, Virginia.

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.