Mike Lowry arranges $5 million refinance of Royal Mace Apartments in Norfolk, Virginia
RICHMOND, VIRGINIA (January 2, 2020) – Mike Lowry, senior vice president and Reina Abboud, vice president of NorthMarq’s Richmond-based regional office collaborated to arrange the $5 million refinance of Royal Mace Apartments. The 122-unit multifamily property is located in Norfolk, Virginia. NorthMarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company.
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