NorthMarq Capital arranges refinancing of $3,345,000 for Beach Villas of Deerfield in Deerfield Beach, Florida
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.
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.
