Hospitality
Debt & Equity

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. 

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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Ample Storage
Permanent Loan - Fixed
$5,500,000