Multifamily - Debt

NorthMarq Capital

NorthMarq Capital’s Miami office secures $3.4 million refinance of Continental Apartments in Lauderhill, Florida

MIAMI (September 9, 2018) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami regional office, negotiated refinancing of $3.4 million for Continental Apartments, a 168-unit multifamily property located in Lauderhill, Florida. The transaction was structured with a fully-amortizing 15-year term. Northmarq arranged financing for the borrower through its relationship with Fannie Mae. 

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.