June 29, 2016

NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $21 million for office building in Washington, D.C.

Office Building

Debt & Equity

Multi-Tenant

WASHINGTON, D.C. (June 27, 2016) – Kenneth Gentzel, senior vice president/managing director, Gary McGlynn, senior vice president/managing director and Jason Smith, senior vice president of NorthMarq Capital’s Washington, D.C. based regional office, arranged permanent financing of $21 million for a 70,000 sq. ft. office property located in Washington, D.C. The multi-tenanted property is 95 percent leased, with heavily trafficked ground level retail.

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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.

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