Northmarq’s Debt + Equity team secures $6M acquisition financing for Florida apartment community
915 Ariana
Northmarq’s West Palm Beach Debt + Equity team led by Eric Fixler secured the $6 million acquisition financing of 915 Ariana, a 56-unit community located in Lakeland, Florida.
Northmarq arranged the permanent-fixed financing on behalf of their borrower, Kinsley Properties LLC, through the firm’s in-house Fannie Mae DUS platform. The transaction was structured on a 10-year term, with five years of interest-only payments.
The garden-style apartment community is comprised of 14 two-story buildings built between 1983 and 2024.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
