Multifamily
Debt & Equity

NorthMarq finalizes $13.7 million refinance of Chevy Chase Park Apartments in Centerville, Ohio

MINNEAPOLIS, MINNESOTA (February 8, 2021) – Patrick Minea, executive vice president/executive managing director of NorthMarq’s Minneapolis office secured the $13.7 million refinance of Chevy Chase Park Apartments. The 233-unit multifamily property is located in Centerville, Ohio. NorthMarq arranged the permanent-fixed loan for the borrower through its in-house Fannie Mae team. 

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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Chevy Chase Park Apts
Permanent Loan - Fixed
$13,700,000