NorthMarq Capital’s Atlanta office arranges $11.9 million acquisition of Camaron at Woodcrest in Tallahassee, Florida
ATLANTA (June 19, 2017) Randy Wolfe, senior vice president/managing director of NorthMarq Capital’s Atlanta regional office, arranged the acquisition financing of $11,900,000 for Camaron at Woodcrest, a 222-unit multifamily property located in Tallahassee, Florida. The transaction was structured with a 12-year term on a 30 year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Fannie Mae.
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.