NorthMarq Capital’s Scott Monroe finalizes $26,223,000 refinance of Las Vegas multifamily via FHA/HUD

St. Andrews Apts
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LAS VEGAS (March 21, 2017) – Scott Monroe, managing director of NorthMarq Capital’s Las Vegas regional office, secured the $26,223,000 refinance of St. Andrews Apartments, a 336-unit multifamily property located at 4249 North Commerce Street in Las Vegas, Nevada. The transaction was structured with a fully amortizing 35-year term. NorthMarq arranged financing for the borrower through its FHA/HUD platform.

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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