NorthMarq Capital arranges construction financing of $28 million for 176-key hotel in Charlotte, North Carolina

Select Service Hospitality Property
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CHARLOTTE (June 29, 2018) –Mark Ebersold, vice president of NorthMarq Capital’s Charlotte regional office, arranged a $28 million construction loan for 176-key Select Service hospitality property located in the Central Business District of Charlotte, North Carolina. NorthMarq arranged financing for the borrower through its relationship with a local bank lender and a New York-based mezzanine lender.   


“The property is part of the mixed-use development known as Stonewall Station that includes Whole Foods, 458 multi-family units, a 1,350 parking deck and a 180-key Home2Suites,” said Ebersold. 

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.