Multifamily - Debt

NorthMarq’s Atlanta office negotiates $18,000,000 refinance of Falls at Mill Creek in Nashville, Tennessee

ATLANTA, GEORGIA (August 16, 2021) – Randy Wolfe, senior vice president/managing director of NorthMarq’s Atlanta office, secured the $18 million refinance of Falls at Mill Creek. The multifamily property, built in 1985 and extensively renovated in 2016, contains 204 units and is located in Nashville, Tennessee. The transaction was structured with a 12-year term with 5-years of interest only followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower, a repeat client, through its relationship with Fannie Mae.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.