Multifamily
Debt & Equity

NorthMarq Capital’s Phoenix office closes $13,348,000 refinance of Azul Apartments in Phoenix, Arizona

PHOENIX – NorthMarq Capital’s Phoenix regional office, provided the $13,348,000 refinance for Azul Apartments, a 227-unit multifamily property located at 8111 N. 19th Avenue Phoenix, Arizona. The full term interest-only loan was funded by NorthMarq’s Fannie Mae platform.

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 and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Azul Apts
Permanent Loan - Fixed
$13,348,000