NorthMarq Capital’s Richmond office arranges permanent financing of $5.5 million for Pine Court III in Richmond, Virginia

Pine Court III
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RICHMOND (April 21, 2016) – Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond based regional office, arranged permanent financing of $5.5 million for Pine Court III, a 67-unit, 36,673 sq. ft. student housing property for Virginia Commonwealth University located at 725 West Cary Street in Richmond, Virginia.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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