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 an industry-leading 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 an open, flexible structure, enabling our team of seasoned professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of over $30 billion, and loan servicing of nearly $70 billion.