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