WASHINGTON, D.C. (April 15, 2015) – Gary McGlynn, senior vice president/co-managing director and Kenneth Gentzel, senior vice president/co-managing director of NorthMarq Capital’s Washington, D.C. office arranged the $75 million refinance of Quincy Plaza Apartments, a 499 unit multifamily property located at 3900 North Fairfax Drive in Arlington, Virginia. The transaction was structured with long term interest-only financing.
“This class “A” asset is located in one of the most dynamic submarkets in the Washington, D.C. region and will continue to be a very successful asset for years to come,” said McGlynn.