NorthMarq Capital’s Richmond office arranges $34 million construction/perm financing for Main 2525 Apartments in Richmond, Virginia
Main 2525 Apts
RICHMOND (August 31, 2018) – Mike Lowry, senior vice president of NorthMarq Capital’s Richmond based regional office, arranged construction/perm financing of $34 million for Main 2525 Apartments, a to-be-built 216 unit apartment complex with 6,308 square feet of commercial space located in the Shockoe Bottom Historic District in downtown Richmond, Virginia. The financing was arranged with the Virginia Housing and Development Authority (VHDA).
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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.
