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NorthMarq Capital’s Richmond office arranges permanent financing of $5.5 million for The V Apartments in Charlottesville, Virginia

RICHMOND (March 8, 2017) – Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond-based regional office arranged permanent financing of $5.5 million for The V Apartments, a 34-unit student housing property located at 201 5th Street NW in Charlottesville, Virginia. The property will serve the population of the University of Virginia.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks, with a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes approximately $13 billion in commercial real estate loans annually and services a loan portfolio of more than $50 billion. For more information please visit www.northmarq.com.