NorthMarq Capital arranges refinancing of $13 million for Heritage at Deerwood in Jacksonville, Florida
JACKSONVILLE – Ryan Whitaker, senior vice president of NorthMarq Capital’s Jacksonville regional office, arranged refinancing of $13,000,000 for Heritage at Deerwood, a 123-unit multifamily property located in Jacksonville, Florida. The transaction was structured with a 5-year interest only term. NorthMarq arranged financing for the borrower through its relationship with a conduit CMBS lender.
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.
