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

Multifamily Property
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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. 

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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