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. 

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.