NorthMarq Capital’s Phoenix office closes $9 million refinance of Eden Apartments in Tempe, Arizona

Eden Apts
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PHOENX – NorthMarq Capital’s Phoenix regional office, arranged the $9 million refinance of Eden Apartments, a 112-unit multifamily property located at 2045 South McClintock Drive in Tempe, Arizona. The full term interest-only loan was funded by NorthMarq’s Fannie Mae platform. The highly-rated property features unit amenities such as: breakfast bar, private balconies/patios electric appliances, high ceilings, green spaces and garden-style landscaping, and close proximity to landmarks including ASU and Mesa Community College, Cigna Medical Group and Tempe St. Luke’s Hospital, Sun Devil Stadium, Tempe Marketplace and Wells Fargo Arena. Community amenities include: pool and spa, sport court area and barbecue grills.

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.

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