NorthMarq Capital’s Washington, D.C. office arranges $75 million permanent financing for two Washington, D.C. office buildings
WASHINGTON, D.C. (October 2, 2017) – NorthMarq Capital’s Washington, D.C. office arranged $75 million in permanent financing for 1001 Connecticut Avenue NW and 1701 K Street NW with a combined sq. ft. of 220,000. Both properties are 12-story, Class “B” multi-tenant office buildings in Washington, D.C.
Tenancy among both buildings consists of a mix of law firms, professional associations, institutions, national and local government agencies, national and local retailers, non-profits, medical practitioners and other varied business organizations.
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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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of more than $52 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.
