Multifamily - Debt

NorthMarq Capital’s Richmond office completes permanent financing of $5.5 million for Courthouse Green Apartments in Richmond, Virginia

RICHMOND (April 21, 2016) – Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond based regional office, arranged permanent financing of $5.5 million for Courthouse Green Apartments, a well-established multifamily complex with historically high occupancy. The 180-unit property is located at 7518 Hudgins Road in Richmond, Virginia.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.