NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $21 million for office building in Washington, D.C.
Office Building
WASHINGTON, D.C. (June 27, 2016) – Kenneth Gentzel, senior vice president/managing director, Gary McGlynn, senior vice president/managing director and Jason Smith, senior vice president of NorthMarq Capital’s Washington, D.C. based regional office, arranged permanent financing of $21 million for a 70,000 sq. ft. office property located in Washington, D.C. The multi-tenanted property is 95 percent leased, with heavily trafficked ground level retail.
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.
