Multifamily - Debt

NorthMarq’s Orlando and Tampa office secure acquisition financing of $35,530,000 for Polos on Park in Tallahassee, Florida

ORLANDO, FLORIDA (July 19, 2019) – NorthMarq’s Orlando and Tampa offices collaborated to arrange acquisition financing of $35,530,000 for Polos on Park. The property contains 440 units and is located in Tallahassee, Florida. The bridge loan was structured with a 2-year interest-only term. NorthMarq arranged financing for the borrower through its relationship with a bridge/mezzanine lender. 

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.