NorthMarq Capital secures $15.5 million refinance of Barrington Club Apartments in Coral Springs, Florida

Barrington Club Apts
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MIAMI (August 30, 2016) – Bill Johnson, senior vice president/managing director of NorthMarq Capital’s Miami-based regional office arranged the $15.5 million refinance of Barrington Club Apartments, a 145-unit multifamily property located at 10700 West Sample Road in Coral Springs, Florida. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing 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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