NorthMarq Capital arranges $3.455 million refinance of The Pines Apartments in Tallahassee, Florida

The Pines Apts
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ORLANDO (January 11, 2016) – Ryan Whitaker, senior vice president/senior director of NorthMarq Capital’s Jacksonville office and Alden Campbell, vice president of NorthMarq Capital’s Orlando office arranged the $3.455 million refinance of The Pines Apartments, a 96 unit multifamily property located in Tallahassee, Florida. “This transaction will help the borrower position the asset to capitalize on the positive growth in the Tallahassee market,” noted Whitaker.

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.