Multifamily - Debt

NorthMarq Capital’s Atlanta office secures $14.8 million acquisition of Madison on the Green in Augusta, Georgia

ATLANTA (August 11, 2017) Wanda Riggs Mack, vice president of NorthMarq Capital’s Atlanta regional office, arranged the acquisition financing of $14,800,000 for Madison on the Green, a 276 unit multifamily property located in Augusta, Georgia. The transaction was structured with a three-year term with all three years interest-only. NorthMarq arranged financing for the borrower through its relationship with a bridge lender.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.