NorthMarq’s Charlotte office arranges $9.5 million refinance of La Perla Apartments in Indianapolis, Indiana

La Perla Apts

Debt & Equity

Multi-Tenant

CHARLOTTE, CAROLINA (August 2, 2021) – NorthMarq arranged the $9,500,000 refinance of La Perla Apartments, a 228-unit community. The property, located at 3287 Tara Court East in Indianapolis, Indiana, and is seven miles northwest from downtown. It provides tenants with affordable workforce housing and convenient access to I-65 and I-465 Indianapolis Memorial Highway. The community is also within two miles from Lafayette Square Mall and various retail and dining establishments.

Lawrence Larisma, senior vice president of NorthMarq’s Charlotte office secured the financing through one of the company’s CMBS partners. The loan was structured with a 10-year term and a 30-year amortization.

Apartment amenities include: High-speed internet access, air conditioning, heating, smoke-free environment, cable ready, disposal, oven, range, refrigerator, carpet, tile floors, office, window coverings, balcony and patio. Community amenities include: Laundry facilities, maintenance on-site, property manager on-site, 24-hour availability and playground.

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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.