Multifamily - Debt

NorthMarq Capital’s Washington, D.C. office arranges $75 million refinancing of Quincy Plaza Apartments in Arlington, Virginia

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.

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.