June 2, 2014

NorthMarq Capital arranges $6.1 million financing for Creekside Apartments in Hickory, North Carolina

Creekside Apts

Debt & Equity

Multi-Tenant

RALEIGH (June 2, 2014) – Brett Mason, vice president of NorthMarq Capital’s Raleigh regional office, arranged financing for Creekside Apartments, a 118-unit multifamily property located in Hickory, North Carolina. The transaction was structured with a 10-year term and 30-year amortization schedule. Financing for the borrower was arranged by NorthMarq through its Fannie Mae DUS platform.

Available Multifamily properties

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.