NorthMarq’s Washington, DC arranges $12 million in permanent financing of 2401-2419 & 2525 Mt. Vernon Avenue in Alexandria, Virginia
Mt. Vernon Avenue
WASHINGTON, D.C. (April 22, 2016) – Jason Smith, senior vice president of NorthMarq’s Washington, D.C. regional office arranged $12 million in permanent financing for a 72,540 sq. ft. mixed-use property strategically located along Mt. Vernon Avenue in the burgeoning Del Ray neighborhood of Alexandria. The subject property is composed of office, retail and multifamily components and is currently 100 percent leased. The property is located at 2401-2419 Mount Vernon Avenue & 2525 Mt. Vernon Avenue in Alexandria Virginia.
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.
