Multifamily

NorthMarq Capital’s Richmond office arranges permanent financing of $4 million for multifamily property in Charlottesville, Virginia

RICHMOND (November 30, 2017) – Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond, Virginia regional office, arranged permanent financing of $4 million for a 16-unit multifamily property located at Charlottesville, Virginia.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks, with a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes approximately $13 billion in commercial real estate loans annually and services a loan portfolio of more than $50 billion. For more information please visit www.northmarq.com.