NorthMarq completes $37.5 million refinance of The Oasis at Wekiva in Apopka, Florida
ORLANDO, FLORIDA (September 15, 2020) – NorthMarq’s Orlando office secured the $37.5 million refinance of The Oasis at Wekiva. The 328-unit multifamily property is located in Apopka (Orlando MSA), Florida. The transaction was structured with a 10-year interest-only term. NorthMarq arranged financing for the borrower through its in-house Fannie Mae team.
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.
