NorthMarq’s Richmond office secures $17.69 million construction loan for Marina Villa in Norfolk, Virginia

Marina Villa
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RICHMOND, VIRGINIA (April 29, 2019) – Keith Wells, senior vice president/managing director of NorthMarq’s Richmond-based regional office, arranged the $17.69 million construction loan for Marina Villa, a 105-unit multifamily property located in Norfolk, Virginia. NorthMarq arranged financing for the borrower through its relationship with Virginia Housing Development Authority.  

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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