Multifamily - Debt

NorthMarq’s Austin office arranges $12.4 million refinance of Olde Stone Village Mobile Home & RV Park in McMinnville, Oregon

AUSTIN, TEXAS (June 29, 2020) – Matt Counts, senior vice president of NorthMarq’s Austin Texas office, negotiated the $12.40 million refinance of The Olde Stone Village Mobile Home & RV Park. The 266- unit property is located in McMinnville, Oregon. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its in-house Fannie Mae team. 

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.