Northmarq's Chicago office secures $16.5 million refinance for Idyllwild Apartments

Idyllwild Apts
8bc55e5e-ee35-4526-a4d4-aca669c9623f.jpg

Date: May 27, 2022
Size: 178 units
Lender type: Freddie Mac
Loan type: Internal refinance
Loan subtype: Fixed-rate
Loan amount: $16,500,000
Property name: Idyllwild Apartments

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.

Image
NM Web Icon News Black

Stay on top of industry research