Northmarq’s Miami office arranges acquisition loan of $3.62 million for Parkview Apartments
Parkview Apts
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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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.
