NorthMarq Capital arranges refinancing of $13 million for Heritage at Deerwood in Jacksonville, Florida
Heritage at Deerwood
JACKSONVILLE – Ryan Whitaker, senior vice president of NorthMarq Capital’s Jacksonville regional office, arranged refinancing of $13,000,000 for Heritage at Deerwood, a 123-unit multifamily property located in Jacksonville, Florida. The transaction was structured with a 5-year interest only term. NorthMarq arranged financing for the borrower through its relationship with a conduit CMBS 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.
