Multifamily - Debt

NorthMarq's Washington, D.C. office arranges $20.35 million in acquisition financing for multifamily property in Wheaton, Maryland

WASHINGTON, D.C. (January 7, 2020) – NorthMarq’s Washington, D.C. office collaborated to secure acqustion financing of $20.35 million for a multifamily property located in Wheaton, Montgomery County, Maryland. The property contains 194 units. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship wtih a life insurance company. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.