NorthMarq Capital’s Richmond office finances permanent loan of $5.45 million for Comfort Suites in Chesapeake, Virginia
Comfort Suites
RICHMOND (March 31, 2015) – Mike Lowry, senior vice president and Keith Wells, managing director, of NorthMarq Capital’s Richmond based regional office arranged a permanent loan for a 124 room Comfort Suites located at 1550 Crossways Boulevard in Chesapeake, Virginia that recently was completely renovated. NorthMarq arranged financing for the borrower through its relationship with a national CMBS lender.
Meet our team
About Northmarq
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.
