Northmarq secures $17.7M refinance of Linden at Parkside in Henrico County, VA

RICHMOND, Va. — Keith Wells, managing director, and Win Martin, associate, of Northmarq’s Richmond Debt + Equity team, successfully arranged a $17.7 million Freddie Mac refinance for the Linden at Parkside, a 156-unit townhome-style community, on behalf of the Linden Property Group.

The transaction team for Linden Property Group included Wade Casstevens, Christian Coates, Mark Brener and John Groce.

The local Northmarq Richmond team worked in tandem with Northmarq’s national Freddie Mac Agency team to secure a five-year, fixed-rate loan, amortized over 30 years.

Linden at Parkside features spacious one-, two- and three-bedroom townhome floor plans.  Each unit boasts an upstairs and a private patio in the rear.

The community is conveniently located near major thoroughfares such as Interstate 95, Interstate 195 and Interstate 64, providing easy access to Scotts Addition and Downtown Richmond. Additionally, the property is located only a few minutes away from Amazon’s 2.7 million square foot state-of-the-art fulfillment center which employs over 1,000 workers.