Northmarq arranges $2,665,000 million financing of Park View Apartments in Murray, Utah
Park View Apts
MIAMI, FLORIDA (March 14, 2023) — Jaspaul Kapoor, senior vice president of Northmarq’s Miami debt/equity office, arranged financing of $2,665,000 for Park View Apartments. The multifamily property offers one-bedroom apartments located at 247 East Vine Street in Murray, Utah. The transaction was structured with a 5-year term. Northmarq secured the permanent-fixed rate loan for the borrower through its relationship with the Freddie Mac SBL.
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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.
