Multifamily

NorthMarq Capital’s Jacksonville office arranges $7.35 million refinance of Carlisle at Delta Park in Shelby, North Carolina

JACKSONVILLE (July 26, 2017) Ryan Whitaker, senior vice president/ senior director of NorthMarq Capital’s Jacksonville regional office, arranged refinancing of $7,350,000 for Carlisle at Delta Park, a 144-unit multifamily property in Shelby, North Carolina. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks, with a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes approximately $13 billion in commercial real estate loans annually and services a loan portfolio of more than $50 billion. For more information please visit www.northmarq.com.