NorthMarq Capital’s Miami office arranges acquisition financing of $1.04 million for Pompano Garden Villas in Pompano Beach, Florida
Miami (November 3, 2017) – Jordan Hopkins, vice president of NorthMarq Capital’s Miami regional office, arranged acquisition financing of $1.04 million for Pompano Garden Villas, a 15-unit multifamily property located in Pompano Beach, Florida. The transaction was structured with a 20-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through Freddie Mac’s SBL program.
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.