NorthMarq Capital arranges $10 million refinancing of the Ashbrook Village Apartments in Gastonia, North Carolina
Ashbrook Village Apts
CHARLOTTE (December 16, 2013) – Bill Matone, senior vice president/managing director of NorthMarq’s Charlotte regional office, arranged refinancing of $10 million for the Ashbrook Village Apartments, a 423- unit, multifamily property located in Gastonia, North Carolina. Financing was based on a 10-year term and 20-year amortization schedule and was arranged for the borrower by NorthMarq through its seller/servicer relationship with Freddie Mac.
About Northmarq
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.
