NorthMarq Capital’s Seattle office secures refinance of $16,399,000 for Chinook Park Apartments in Enumclaw, Washington via Fannie Mae’s Green Program
Chinook Park Apts
SEATTLE (December 13, 2017) – Bob Spiro, senior vice president/managing director of NorthMarq Capital’s Seattle regional office, arranged the $16.399 million refinance of Chinook Park Apartments, a 135-unit multifamily property located at 320 Chinook Avenue in Enumclaw, Washington. The transaction was structured with a 10-year term on a 30-year amortization schedule. “NorthMarq was able to receive strong pricing due to Fannie’s green program,” noted Spiro.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
