Multifamily - Debt

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.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.