Northmarq’s Miami office arranges acquisition loan of $3.62 million for Parkview Apartments
MIAMI (May 2, 2023) — Jaspaul Kapoor, senior vice president in Northmarq’s Miami debt/equity office, arranged acquisition financing of $3.62 million for Parkview Apartments. The 24-unit multifamily property (built in 1969) is located at 12215 W Dixie Highway in North Miami, Florida. The transaction was structured with a two-year term. Northmarq secured the bridge loan for the borrower through a debt fund relationship.
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