NorthMarq Capital completes $8.4 million refinance of multifamily property in Phoenix, Arizona
Bloom 24
PHOENX – NorthMarq Capital’s Phoenix-based regional office, arranged the $8.4 million refinance of Bloom 24, a 114-unit multifamily property located at 2323 East Flower Street in Phoenix, Arizona. The transaction was structured with a 10-year term. NorthMarq arranged financing for the borrower through its Fannie Mae DUS program.
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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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
