Multifamily - Debt

NorthMarq Capital

NorthMarq Capital arranges acquisition financing of $10 million for River Walk Vista in Columbia, South Carolina

ATLANTA (August 2, 2018) – Randy Wolfe, managing director of NorthMarq Capital’s Atlanta regional office arranged acquisition financing of $10,000,000 for River Walk Vista, a 237-unit multifamily property located at 100 Bryton Trace, Colombia, South Carolina. The transaction was structured with a 7-year term with 2-years of interest only on a 30-year amortization schedule. NorthMarq arranged financing for the borrower, Alexander Properties Group.   

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.