NorthMarq completes $37.5 million refinance of The Oasis at Wekiva in Apopka, Florida
The Oasis at Wekiva
ORLANDO, FLORIDA (September 15, 2020) – NorthMarq’s Orlando office secured the $37.5 million refinance of The Oasis at Wekiva. The 328-unit multifamily property is located in Apopka (Orlando MSA), Florida. The transaction was structured with a 10-year interest-only term. NorthMarq arranged financing for the borrower through its in-house Fannie Mae team.
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.