NorthMarq Capital arranges $4.8 million acquisition financing for Historic Boylan Apartments in Raleigh, North Carolina
Historic Boylan Apts
RALEIGH (April 30, 2015) – Brett Mason and David Vinson, vice presidents of NorthMarq Capital’s Raleigh based regional office arranged acquisition financing of $4.791 million for the purchase of Historic Boylan Apartments, a 55-unit multifamily property located in Raleigh, North Carolina. NorthMarq arranged financing for the borrower through Freddie Mac’s Small Balance Loan (SBL) program.
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.