January 23, 2018

NorthMarq Capital’s Atlanta office secures $13.16 million Fannie Mae Green Rewards Program refinance in Corpus Christi, Texas

Multifamily Property

Debt & Equity

Multi-Tenant

ATLANTA(January 23, 2018) – Randy Wolfe, senior vice president/managing director, and Bert Roberds, vice president, of NorthMarq Capital’s Atlanta regional office, collaborated on the $13,160,000 refinancing of a 2000’s vintage multifamily property located in Corpus Christi, Texas. This transaction was structured with a 12-year term on a 30-year amortization schedule, with three years interest only. NorthMarq arranged the Fannie Mae loan utilizing the pricing discount via the Green Rewards Program. “Interest only was important to our client. We were pleased to be able to arrange a loan with a three-year interest only period in order to help our client meet their objectives,” said Roberds. For more information about this transaction, please contact Randy Wolfe at 678-954-4664 or rwolfe@northmarq.com or Bert Roberds at 678-954-4661 or broberds@northmarq.com.

Available Multifamily properties

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.