NorthMarq Capital arranged $2.3 million mortgage for Greenway Cove Apartments in Boone, North Carolina
Greenway Cove Apts
CHARLOTTE (May 8, 2013) – Kevin Jenkins, vice president of NorthMarq’s Charlotte regional office, arranged first mortgage refinancing of $2.3 million for Greenway Cove Apartments located in Boone, North Carolina. This asset is a 20-unit student housing property located near Appalachian State University. Financing was based on a 10-year term and a 30-year amortization schedule and was arranged for the borrower, Greenway Cove, LLC, by NorthMarq through its relationship with a regional bank.
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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.
