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