Northmarq’s Phoenix office finalizes $5.98 million acquisition financing of Decco 109 in Tempe, Arizona
Decco 109
PHOENIX, ARIZONA (November 9, 2022) – Griffin Martin, managing director/senior vice president of Northmarq’s Phoenix debt/equity team, secured the $5.98 million acquisition financing of Decco 109. The 40-unit/2-story multifamily property is located at 109 East Broadway Road in Tempe, Arizona. Northmarq secured the permanent-fixed loan for an individual investor through a commercial bank.
About Northmarq
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.
