Northmarq arranges $1.98 million refinance for George Mason Square in Richmond, Virginia
RICHMOND, VIRGINIA (May 13, 2022) – Keith Wells and Reina Mazicioglu of Northmarq’s Richmond debt/equity team, completed the $1.98 million refinance for George Mason Square. The 26-unit multifamily property (built in 1975) is located at 909 North 30th Street, Richmond, Virginia. The permanent-fixed loan was structured on a fully amortizing 35-year term. Northmarq secured the financing through its in-house Fannie Mae team.
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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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.
