Northmarq’s Miami office arranges $2 million refinancing of Long Beach, California apartments
MIAMI, FLORIDA (March 14, 2023) — Jaspaul Kapoor, senior vice president of Northmarq’s Miami debt/equity office, finalized a $2 million loan for a six-unit multifamily property located at 2364 Lime Avenue in Long Beach, California. Built in 1930, the two-story apartment building offers one-, two-, three-, and four-bedroom units. Northmarq arranged the 5-year permanent fixed loan for the borrower through its relationship with the Freddie Mac SBL.
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