Northmarq’s Jacksonville office arranges $5 million refinance of Bridgeway Apartments in Simpsonville, South Carolina

Bridgeway Apts

JACKSONVILLE, FLA. (June 14, 2023) — Andrew Meyers, vice president, along with Ryan Whitaker, senior vice president/managing director of Northmarq’s Jacksonville debt and equity office, negotiated the $5,000,000 in external refinancing for Bridgeway Apartments. The 88-unit/2-story multifamily property (built in 1987) is located at 617 Richardson Street in Simpsonville, South Carolina. The permanent-fixed rate loan was structured on a 5-year term with full-term interest-only payments and flexible prepay. Northmarq arranged financing on behalf of the borrower through its Optigo status as a Freddie Mac lender.

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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit

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