NorthMarq Capital’s Orlando office arranges $3 million in construction financing for Hawthorn Suites in Kissimmee, Florida
ORLANDO (October 2, 2017) – NorthMarq Capital’s Orlando office arranged $3 million in construction financing for Hawthorn Suites, a 108-room hospitality property located at 3010 Reedy Creek Boulevard in Kissimmee, Florida. The transaction was structured with a 2-year interest only term. NorthMarq arranged financing for the borrower through a private debt fund.
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.
