Northmarq’s Debt + Equity team arranges $3.76M refinancing for Midtown Villas apartments in Fort Myers, FL
Midtown Villas
Northmarq’s New York Debt + Equity team led by Collin Lester successfully arranged the $3.76 million refinancing of Midtown Villas, a 36-unit multifamily community located at 2505 Royal Palm Avenue in Fort Myers, Florida.
Northmarq arranged permanent-fixed financing on behalf of the borrower, Midtown Villas LLC, through the firm’s in-house Fannie Mae DUS platform. The transaction was structured on a five-year term.
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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.
