MIAMI (December 18, 2017) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami regional office, negotiated the $19.125 million refinance of a 247-unit multifamily property located in Richland Hills, Texas. The recently renovated apartment complex offers spacious layouts and numerous amenities. This 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.
“Freddie Mac was very helpful with this deal,” noted Robertson.