NorthMarq Capital arranges permanent financing of $15.08 million for a multifamily property in Baltimore, Maryland
Luxury Apartment Building
WASHINGTON, D.C. (July 6, 2016) – Brendan Scanlon, vice president of NorthMarq Capital’s Washington, D.C. based regional office, arranged permanent financing of $15.08 million for a 10-story, 102-unit class “A” luxury apartment building with historic finishes located in downtown Baltimore, Maryland. The building is more than 85 percent leased with a diverse mix of tenants.
About Northmarq
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.
