NorthMarq Names DC Managing Director

Jason Smith, Managing Director, NorthMarq

NorthMarq Capital has promoted Jason Smith to the position of managing director in Washington, D.C., where he will work together with Managing Directors Kenneth Gentzel and Gary McGlynn.

Smith joined NorthMarq in 2003. Within the last five years, he has generated more than $4 billion in debt and equity for private family and institutional property owners, developers and investors. His portfolio spans over asset classes including office, multifamily, industrial, retail, hospitality and self storage. Before joining NorthMarq, Smith served Legg Mason Real Estate Services’ pension fund advisory group.

“Jason is well-deserving of this promotion as he has demonstrated a strong work ethic to his clients and NorthMarq,” said William Ross, president of NorthMarq, in prepared remarks.

NorthMarq’s regional D.C. office provides a whole array of debt and equity options through its connections with insurance companies, banks, CMBS and debt funds. The list of services also includes in-house agency debt options: Fannie Mae DUS, Freddie Mac and FHA for multifamily assets.

Northmarq has also recently originated a $50.9 million Freddie Mac loan for a 402-unit asset.

Image courtesy of NorthMarq