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Northmarq Secures $51M Refinancing for Potomac Grocery-Anchored Property
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Northmarq Secures $51M Refinancing for Potomac Grocery-Anchored Property
Northmarq’s Washington, DC Debt + Equity team, led by Jason Smith and Kenneth Gentzel, arranged $50.75 million in permanent fixed-rate financing for Potomac Place Shopping Center. Potomac Place Shopping Center is an 80,040-square-foot grocery-anchored retail property located at 10100 River Road in Potomac, Maryland. Northmarq arranged financing on behalf of the borrower, Zuckerman Gravely, through its relationship with Nationwide Life Insurance …
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