Northmarq completes financing of $3,841,000 for Point West Apartments in Port Orchard, Washington
Point West Apts
MIAMI, FLORIDA (March 14, 2023) — Jaspaul Kapoor, senior vice president of Northmarq’s Miami debt/equity office, arranged financing of $3,841,000 for Point West Apartments. The two- and three-bedroom multifamily property is located at 3990 Starboard Lane Southeast in Port Orchard, Washington. The transaction was structured with a 10-year term. Northmarq secured the permanent-fixed rate loan for the borrower through its relationship with the Fannie Mae SML.
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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.
