12A — March 2024 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
www.marej.com
O wners , D evelopers & M anagers
Peloquin, Thomas, and Choisser, secures acquisition financing for the buyer Northmarq finalizes sale of 95-unit, build-to-rent community in Northern Virginia W INCHESTER, VA — A Northmarq specialty Build-To-
Northmarq represented the seller in the transac - tion. The team also included Chris Doerr, Will Harvey, Shack Stanwick, Matt Straughan, Wink Ewing, and Anthony Pino . Northmarq’s Debt + Equity team of Tom Peloquin, Cabell Thomas and Rich Choisser secured acquisition financing on behalf of the buyer, a joint venture between RockBridge Investment Group and DSP Real Estate Capital . “Build-to-rent acquisition opportunities are extremely rare in Virginia and the Mid-
Atlantic region at this time,” said Azarbarzin. “Investors were drawn to this offering because of dynamic growth in the Winchester region, and its strategic location within commuting distance of Wash - ington DC and the Dulles Technology Corridor.” “We enjoyed working with Ari Azarbarzin and the capital markets team at Northmarq on our purchase of West Wind Townhomes,” said Purna Dok - ku, managing partner at DSP Real Estate Capital. “This is our first of several build-to- rent communities we plan on acquiring this year. North - marq made the transaction proceed smoothly and, most importantly, on time." MAREJ alliance to support lenders, investors, and servicers with distressed assets Mackenzie and InspiRE form LUTHERVILLE, MD — The MacKenzie Companies, LLC , together with InspiRE CRE, LLC , have announced the formation of Asset Adver- sity Group , a new alliance that combines InspiRE’s distressed asset and receivership experi - ence with MacKenzie’s full spectrum of commercial real estate services. The alliance is designed to support financial institutions, investors and other entities by helping stake - holders optimize asset value on distressed and underperform- ing commercial real estate as - sets in their portfolios. Marc Fischer , president and founder of InspiRE CRE, has more than 30 years of experience in optimizing asset value. InspiRE’s distressed as - sets group helps lenders navi - gate the financial, operational, and legal challenges posed by distressed properties. When necessary, Fischer serves as a court-appointed receiver or owner’s representative. In other MacKenzie news, Morgan Wimbrow has been promoted to senior real estate advisor, MacKenzie Commer - cial Real Estate Services, LLC, the full-service brokerage divi - sion of The MacKenzie Com - panies. Formerly real estate advisor, Wimbrow joined the company in 2019 and has more than seven years of business and commercial real estate experience. MAREJ
Rent team led by Ari Azarbarzin and Gabe Tovar has completed the sale of West Wind, a 95-unit, build-to-rent community
Ari Azarbarzin
located at 113 Holt Court in Stephens City, a northern Virginia town located 14 miles south of Winchester.
West Wind
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