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