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