Northmarq’s Phoenix office finalizes $54,825,000 refinance of Class “A” multifamily property in Henderson, Nevada

Class A Multifamily
ed599db2-4b51-406b-841b-cd73deb45db7.jpg

PHOENIX, ARIZONA (February 1, 2022) – James DuMars, senior vice president/managing director of Northmarq’s Phoenix debt/equity team, arranged the $54,825,000 refinance of a Class “A” multifamily property. The 368-unit Class “A” multifamily property is located at 11000 South Eastern Avenue in Henderson, Nevada. The transaction was structured with a 10-year, full-term interest only, loan.  Northmarq negotiated the permanent-fixed loan for the borrower through its Fannie Mae DUS platform. 

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.