Multifamily - Debt

NorthMarq Capital

NorthMarq Capital’s Phoenix office arranges $5.65 million acquisition financing for The Addison in Phoenix, Arizona

PHOENIX – NorthMarq Capital’s Phoenix regional office, arranged a $5,650,000 acquisition loan for The Addison, a 68-unit multifamily property located in Phoenix, Arizona. The full term interest only loan provided the buyer the flexibility needed to stabilize operations and improve the buildings. NorthMarq arranged financing for the borrower through its relationship with a bridge lender.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.