NorthMarq Capital arranges a refinance of $2.6 million for Filmore Gardens Apartments in Hollywood, Florida
MIAMI (June 8, 2016) – Jordan Hopkins, vice president of NorthMarq Capital’s Miami-based regional office, arranged a refinance of $2,627,000 million for the Filmore Gardens Apartments, a 38-unit multifamily property located at 2847 and 2851 Fillmore Street, Hollywood, Florida. The transaction was structured with a 5-year term with 1-year interest-only followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.
