Multifamily
Debt & Equity

NorthMarq negotiates $20 million acquisition loan for multifamily property in Manassas, Virginia

WASHINGTON, D.C. (October 30, 2019) – NorthMarq’s Washington, D.C. debt/equity team collaborated to negotiate a $20 million acquisition loan for a 139-unit multifamily property located in Manassas, Virginia. 

The community offers easy access to a variety of local and national retailers and is in close proximity to the Virginia Railway Express commuter rail line and the many shops, restaurants and boutiques in historic Downtown Manassas.

Located 32 miles southwest of Washington, D.C., Manassas is rife with historical significance as a key part of the country's Civil War history in the early 1860s. Interstate 66, which offers access to Northern Virginia and Washington, D.C., is located less than eight miles to the north.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Multifamily Property
Permanent Loan - Fixed
$20,000,000