May 12, 2015

NorthMarq Capital’s Richmond office secures $11.55 million in permanent financing for Camden Plaza in Charlottesville, Virginia

Camden Plaza

Debt & Equity

Multi-Tenant

RICHMOND (May 12, 2015) – Keith Wells, managing director of NorthMarq Capital’s Richmond based regional office arranged permanent financing of $11.55 million for Camden Plaza, a student housing property located at 222-230 14th Street Northwest in Charlottesville, Virginia. The property consists of four buildings with a total of 51 residential units and offers student housing for the University of Virginia, the premier post-secondary public institution in Virginia with a total undergraduate enrollment of 22,000 students.

Available Student Housing properties

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.