NorthMarq's Washington, D.C. office arranges acquisition financing of $50.5 million for industrial property in Richmond, Virginia

WASHINGTON, D.C. (January 21, 2020) – NorthMarq's Washington, D.C.-based regional office secured acquisition financing of $50.5 million for a 923,400 sq. ft. industrial property located in Richmond, Virginia. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship wtih a life insurance company.
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.