Multifamily
Debt & Equity

NorthMarq’s Washington, D.C. office completes $15.4 million acquisition financing for residential property in Manassas, Virginia

WASHINGTON, D.C. (October 25, 2019) – NorthMarq arranged a $15.4 million acquisition loan for a 105-unit  multifamily property located in a mixed residential and commercial area of Manassas, Virginia. The area is within walking distance to Historic Manassas, shops, restaurants and the Virginia Railway  Express.

The property is located 32 miles southwest of Washington, D.C. Manassas is rife with historical significance as a key part of the country's Civil War history in the early 1860s. 

Interstate 66, which offers access to Northern Virginia and Washington, D.C., is located less than eight miles to the north.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

f3e31fef-df74-4d89-8958-bf4381a481fc.jpg
Residential Property
Permanent Loan - Fixed
$15,400,000