Multifamily
Debt & Equity

NorthMarq Capital’s Phoenix office arranges $13.45 million portfolio loan for acquisition of fractured condo community in Chandler, Arizona

PHOENIX – NorthMarq Capital’s Phoenix regional office, arranged a $13,450,000 acquisition loan for the purchase of 109-units at the Santana Ridge Condominium Community in Chandler, Arizona. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.

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.

eb397908-e8b8-4f31-861c-b372651dedf9
Condominium Community
Debt
$13,450,000