Office - Debt

NorthMarq Capital arranges $21 million in bridge financing for Patriot Business Park in Greenbelt, Maryland

WASHINGTON, D.C. (May 15, 2015) – Jason M. Smith, senior vice president and Kenneth Gentzel, senior vice president/co-managing director of NorthMarq Capital’s Washington D.C. based regional office arranged bridge financing of $21 million for Patriot Business Park, two class “A” mid-rise office buildings consisting of a combined ± 170,000 sq.ft. located at 7850 and 7852 Walker Drive in Greenbelt, Maryland.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.