NorthMarq Capital arranges refinancing of $3,345,000 for Beach Villas of Deerfield in Deerfield Beach, Florida
Beach Villas of Deerfield
MIAMI (June 22, 2018) – Jordan Hopkins, vice president of NorthMarq Capital’s Miami regional office, arranged refinancing of $3,345,000 for Beach Villas of Deerfield, consisting of 20-units located at 1907 NE 2nd Street, Deerfield Beach, Florida. The transaction was structured with a 20-year term (with 1-year interest only) on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through Freddie Mac’s SBL program.
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.
