NorthMarq Capital’s Washington DC office secures permanent financing of $35 million for mixed-use property in Arlington, Virginia
Mixed-Use Property
WASHINGTON DC (February 2, 2018) – NorthMarq Capital’s Washington DC regional office arranged permanent financing of $35 million for a mixed-use, high-rise property located in the Rosslyn-Ballston Corridor of Arlington County, Virginia. The transit oriented residential/commercial/retail property is within walking distance from the Orange and Silver lines of Metro. The 20 story property is comprised of over 500 residential units and ground floor commercial and retail uses. The 1980’s vintage property was last renovated in 2016 and maintains a strong occupancy history.
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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.
