Multifamily
Debt & Equity

Northmarq's Richmond office arranges $4.3 million loan for 37-unit multifamily property

Date: Feb. 28, 2023
Size: 37 units
Lender type: Life insurance company
Loan subtype: Permanent fixed-rate
Loan amount: $4.3 million
Winning quote: Lender provided a very strong rate and execution for borrower and held spreads for ~60 days as a first time life co borrower worked through the application

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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Cornish Brewery
Permanent Loan - Fixed
$4,300,000