NorthMarq Capital arranges permanent financing of Manchester Park for $3.3 million in Richmond, Virginia
Manchester Park
RICHMOND (August 1, 2018) – Mike Lowry, senior vice president of NorthMarq Capital’s Richmond regional office arranged permanent financing of Manchester Park, a 24 unit, mixed-use project located in the historic Manchester district of Richmond, Virginia for $3,300,000 through Fannie Mae. Rapid access is easy to the financial district, state and city government, VCU’s Academic and Health System campuses.
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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.
