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