March 21, 2013

NorthMarq Capital's Washington DC office arranged $19 million mortgage for Sky Hotel in Aspen, Colorado

Sky Hotel

Debt & Equity

Multi-Tenant

WASHINGTON, D.C. (March 21, 2013) – Gary McGlynn, senior vice president and managing director of NorthMarq’s Washington, D.C. regional office, arranged first mortgage and mezzanine financing totaling $19 million for the 99-room limited-service Sky Hotel. This asset is positioned in a truly unique ski-in and ski-out location in the heart of Aspen, Colorado. NorthMarq arranged this financing for the borrower through its relationship with a CMBS and Mezzanine lender.

Available Hospitality properties

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.