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

Sky Hotel
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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.

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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.