NorthMarq Capital arranges $10.1 million permanent loan for Erwin Terrace II in Durham, North Carolina

Erwin Terrace II
RALEIGH (October 14, 2015) – Keith Wells, managing director of NorthMarq Capital’s Richmond office and Todd Crouse, senior vice president/managing director of NorthMarq Capital’s Raleigh office arranged the $10.1 million permanent financing of Erwin Terrace II, a 138,240 sq.ft. commercial and residential property located at 2812 Erwin Road in Durham, North Carolina. This class “A” property is within walking distance to Duke University, VA Hospital and Duke University Medical Center.

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:

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