Northmarq secures $8.31 million acquisition loan for Courtyard Villas apartments in Orlando, FL
CINCINNATI (Sep. 14, 2023) — Noah Juran, senior vice president and managing director of Northmarq’s Cincinnati Debt + Equity, has secured $8.31 million in acquisition financing for an 80-unit multifamily property in Orlando, Florida. Courtyard Villas is located at 3764 S. Rio Grande Avenue.
Northmarq arranged financing on behalf of the borrower through Northmarq’s in-house Fannie Mae DUS platform. The permanent fixed-rate loan was structured on a 10-year term.
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