NorthMarq’s Richmond office arranges acquisition financing of $46,145,000 for Century Skyline in Atlanta, Georgia

Century Skyline
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RICHMOND, VIRGINIA (March 31, 2021) – Reina Abboud, vice president of NorthMarq’s Richmond office secured acquisition financing of $46,145,000 for Century Skyline. The 225-unit multifamily property is located at 396 Piedmont Avenue NE in Atlanta, Georgia. The transition included a 3-year term. NorthMarq arranged the permanent-fixed loan for the borrower, Croatan Investments, through its relationship with Acres Capital, a local bank. 

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.

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