Ron Peterson arranged $20.3 million mortgage for Columbia Trails Apartments in Gresham, Oregon

Columbia Trails Apts
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SEATTLE (August 27, 2013) – Ron Peterson, senior vice president/managing director of NorthMarq’s Seattle regional office arranged first mortgage refinancing of $20.3 million for Columbia Trails Apartments, a 264-unit, market-rate multifamily property located at 1112 NW 15th Street in Gresham, Oregon. Financing for this low leveraged loan was based on a 10-year interest-only term. NorthMarq arranged this financing for the borrower through its seller-servicer relationship with Freddie Mac.

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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