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