NorthMarq Capital arranged $6.8 million mortgage for The Forest at Chasewood in Charlotte, North Carolina
The Forest at Chasewood
RALEIGH (July 10, 2013) – Brett Mason, vice president of NorthMarq’s Raleigh regional office, arranged a bridge loan of $6.8 million for the acquisition of The Forest at Chasewood, a 220-unit, market-rate multifamily property located at 1600 Chasewood Drive in Charlotte, North Carolina. Financing was based on a 3-year interest-only term and was arranged for the borrower by NorthMarq through its relationship with a Bridge lender.
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.
