NorthMarq finalizes $6.65 million refinance of Ashley Chase Apartments in Sumter, South Carolina
Ashley Chase Apts
CHARLOTTE, SOUTH CAROLINA (November 26, 2019) – Dave Stewart, vice president of NorthMarq’s Charlotte-based regional office arranged the $6.65 million refinance of Ashley Chase Apartments. The multifamily property is located in Sumter, South Carolina.
Financing Details:
- 10-year term
- 30-year amortization schedule
- NorthMarq arranged financing for the borrower through its relationship with a CMBS lender
Property Details:
- The property contains 233 units.
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.
