NorthMarq Capital’s Atlanta office secures $13.16 million Fannie Mae Green Rewards Program refinance in Corpus Christi, Texas
Multifamily Property
ATLANTA(January 23, 2018) – Randy Wolfe, senior vice president/managing director, and Bert Roberds, vice president, of NorthMarq Capital’s Atlanta regional office, collaborated on the $13,160,000 refinancing of a 2000’s vintage multifamily property located in Corpus Christi, Texas. This transaction was structured with a 12-year term on a 30-year amortization schedule, with three years interest only. NorthMarq arranged the Fannie Mae loan utilizing the pricing discount via the Green Rewards Program. “Interest only was important to our client. We were pleased to be able to arrange a loan with a three-year interest only period in order to help our client meet their objectives,” said Roberds. For more information about this transaction, please contact Randy Wolfe at 678-954-4664 or rwolfe@northmarq.com or Bert Roberds at 678-954-4661 or broberds@northmarq.com.
About Northmarq
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.