NorthMarq Capital’s Seattle office secures refinance of $16,399,000 for Chinook Park Apartments in Enumclaw, Washington via Fannie Mae’s Green Program
SEATTLE (December 13, 2017) – Bob Spiro, senior vice president/managing director of NorthMarq Capital’s Seattle regional office, arranged the $16.399 million refinance of Chinook Park Apartments, a 135-unit multifamily property located at 320 Chinook Avenue in Enumclaw, Washington. The transaction was structured with a 10-year term on a 30-year amortization schedule. “NorthMarq was able to receive strong pricing due to Fannie’s green program,” noted Spiro.
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.
