Northmarq’s Chicago office arranges $12M refinance for Residences at Oakview Phase II

Residences at Oakview Phase II
build-to-rent community

OAK CREEK, Mich. — Brett Hood, managing director of Northmarq’s Chicago Debt + Equity office, arranged a $12,353,000 Freddie Mac loan to recapitalize the second phase of Residences at Oakview, the second and final phase of a build-to-rent (BTR) single-family community in Oak Creek, Wisconsin.

This marks the second Freddie Mac permanent construction take out loan Northmarq has arranged for the project. Together, the two phases total 83 high-quality contiguous single-family homes, completed between 2021 and 2024.

Located just 12 miles south of downtown Milwaukee, Oak Creek is a desirable suburb known for its strong school system, low crime rate, and access to major employment centers.

Residences at Oakview offers spacious, standalone single-family homes with high-end finishes, attached garages, private outdoor spaces, and open floor plans. Community amenities include a clubhouse and leasing center with a fitness center, pool, basketball court, and pickleball court — making it one of the first large-scale BTR communities of its kind in the Midwest.

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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.
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