Northmarq arranges $13.26M refinance of Longview Oaks in Harrisonburg, VA
Longview Oaks
HARRISONBURG, Va. (Sept. 9, 2024) — Keith Wells and Win Martin of Northmarq’s Richmond Debt + Equity team arranged a $13.26 million external refinance for Longview Oaks. Built in 1985, the 138-unit property is located at 310-591 Vine Street in Harrisonburg, Virginia. Northmarq’s in-house Fannie Mae team provided the permanent fixed-rate loan featuring a 5-year term and a 30-year amortization schedule.
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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.
