NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $18.1 million for an office building in Washington, D.C.

Office Building
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WASHINGTON, D.C. (June 20, 2016) – Jason Smith, senior vice president, Gary McGlynn, senior vice president/managing director and Kenneth Gentzel, senior vice president/managing director of NorthMarq Capital’s Washington, D.C. based regional office, arranged permanent financing of $18.1 million for a multi-tenanted office property, consisting of 50,163 sq. ft. located in Washington, D.C. The property has convenient access to Washington, D.C. Metrorail’s Green, Yellow and Red Lines and a Capital Bikeshare docking station on the sidewalk outside the retail storefront.

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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of more than $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.