Charleston Ridge

Date: 7/28/2020Name: Charleston RidgeAmount: $18,265,600Size: 137 UnitsLocation: Mechanicsville, VirginiaLender Type: FHA/HUD  

The Rowan

MINNEAPOLIS, MINNESOTA (October 27, 2020) – Dan Trebil, senior vice president/managing director of NorthMarq’s Minneapolis office and John Reed, senior vice president/managing director of NorthMarq’s Omaha office, collaborated to arrange construction financing of $42,557,800 for The Rowan. The 172-unit multifamily… Continue Reading

Multifamily Portfolio

CHICAGO, ILLINOIS (November 30, 2020) – Brett Hood, senior vice president of NorthMarq’s Chicago-based regional office, secured $89,080,900 in combined FHA debt recapitalizing five multifamily properties located in the Davenport, Iowa and Kansas City, Missouri.  All five properties were encumbered… Continue Reading

Odyssey at Laurel Island

ATLANTA, GEORGIA (May 28, 2020) – The NorthMarq Atlanta Debt & Equity team arranged construction permanent financing of $23,431,100 for Odyssey at Laurel Island. The 192-unit multifamily property will be located in Kingsland, Georgia. This transaction is structured with a… Continue Reading

Park Tower Apts

CHICAGO, ILLINOIS (June 12, 2020) – Sue Blumberg, senior vice president/managing director and Kevin McCarthy, vice president of NorthMarq’s Chicago office, collaborated to arrange the $16.29 million refinance of Park Tower Apartments. The 134-unit multifamily property is located at 247… Continue Reading

Waterfront Place Apts

BELLVUE, WASHINGTON (September 9, 2019) – NorthMarq Seattle’s Stuart Oswald arranged a $66,884,000 construction loan for Waterfront Place Apartments in Everett, Washington. The property contains 266 units.  Financing Details:– The 85 percent loan-to-cost loan was funded using FHAs 220 program and… Continue Reading