Multifamily - Debt

NorthMarq’s Minneapolis office finalizes acquisition financing of $42.5 million for Farmingdale Apartments in Darien, Illinois

MINNEAPOLIS, MINNESOTA (May 13, 2019) – NorthMarq’s Minneapolis-based regional office arranged acquisition financing of $42.5 million for Farmingdale Apartments, a 240-unit multifamily property located in Darien, Illinois. NorthMarq arranged financing for the borrower through its relationship with Fannie Mae. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.