NorthMarq’s Washington, D.C. office completes a $9.7 million joint venture equity recapitalization in Gainesville, Virginia
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WASHINGTON, D.C. (March 10, 2020) – The Washington, D.C. office of NorthMarq arranged $9.7 million in joint venture equity from a major insurance company. The investment recapitalizes the equity in a 350,000 square foot industrial property in Gainesville, Virginia.
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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.