Robert Hernandez arranged $17.226 million mortgage for RCH Fund IV

TAMPA (April 4, 2013) – Robert Hernandez, senior vice president/managing director of NorthMarq’s Tampa regional office, arranged first mortgage refinancing of $17.226 million for RCH Fund IV, a closed-end fund consisting of performing and non-performing notes and several REO’s. The financing secured was interest only with set paydowns for 2 years with one 12-month extension. NorthMarq arranged this financing for the borrower, RCH Mortgage Fund IV, through its relationship with a national bank. “The superior metrics and substantial equity in the transaction allowed NorthMarq to structure a loan allowing for releases as the notes pay off and the REO’s are sold,” said Hernandez.

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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit

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