Hospitality - Debt

NorthMarq’s Richmond office arranges $5.5 million refinance of self-storage property in Apex, North Carolina

RICHMOND, VIRGINIA (January 23, 2020) – Keith Wells, managing director of NorthMarq’s Richmond-based regional office secured the $5.5 million refinance of Ample Storage. The 573-unit self-storage property is located in Apex, North Carolina. NorthMarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.