NorthMarq Capital office finalized refinance of $4,870,000 for Boynton Villas in Boynton Beach, Florida
Boynton Villas
MIAMI (February 6, 2017) – Jordan Hopkins, vice president of NorthMarq Capital’s Miami-based regional office, secured the $4.87 million refinance of Boynton Villas, a 72-unit multifamily property located at 222 SE 5th Avenue in Boynton Beach, Florida. The transaction was structured with a 5-year term with 1-year of interest only followed by a 30-year amortization schedule. NorthMarq arranged the financing with a national small balance-Freddie Mac lender.
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.
