NorthMarq Capital’s Richmond office arranges $10 million permanent financing for Waverton Impressions in Newport News, Virginia

Waverton Impressions
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RICHMOND (July 19, 2017) Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond regional office, arranged permanent financing of $10,000,000 for Waverton Impressions, a 132-unit multifamily property located in Newport News, Virginia. NorthMarq arranged financing for the borrower through its relationship with Waverton Associates, a well-established developer of multifamily complexes headquartered in Portsmouth, Virginia.

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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