Hospitality
Debt & Equity

NorthMarq Capital’s Richmond office arranges permanent loan for Hyatt Place in Charlottesville, Virginia

RICHMOND (February 9, 2016) – Mike Lowry, senior vice president of NorthMarq Capital’s Richmond based regional office arranged permanent financing for Hyatt Place, a six-story, 137 guest room hotel located at 2100 Bond Street in Charlottesville, Virginia, completed in the fall of 2013. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

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 and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Hyatt Place
Debt