Office - Debt

NorthMarq Capital secures permanent financing of $47 million for The Lion Building in Washington, D.C.

WASHINGTON, D.C. (April 15, 2015) – Gary McGlynn, senior vice president/co-managing director and Kenneth Gentzel, senior vice president/co-managing director of NorthMarq Capital’s Washington, D.C. office finalized a $47 permanent loan for The Lion Building, an eight story/152,645 sq.ft.,class “B” multi-tenant office building located in the Central Business District of Washington, D.C. The transaction was structured with long term interest-only financing. Major tenants at the property include Interface Media Group, Bonner Kieran Trebac, Embassy of Vietnam and The College Board.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.