NorthMarq Capital’s Phoenix office arranges acquisition financing of $3.85 million for The Glenn in Glendale, Arizona
PHOENIX – NorthMarq Capital’s Phoenix regional office arranged acquisition financing of $3.85 million for The Glenn, a 127-unit multifamily property located at 6240 N. 63rd Avenue in Glendale, Arizona. The transaction was structured with a 5-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a CMBS lender.
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