NorthMarq arranges $900,000 financing for the Rufina Apartments in Santa Fe, New Mexico

Rufina Apts
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DENVER, COLORADO (January 15, 2018) – NorthMarq’s Denver office arranged a $900,000 non-recourse loan for the acquisition of the 16-unit Rufina Apartments located in Santa Fe, New Mexico. The five-year, 75 percent LTV loan, originated through Fannie Mae’s small loan program, included flexible prepayment options and did not require the borrower sign a personal guaranty. 

Brian Fisher, vice president, arranged the financing for the borrower.

 

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.