Northmarq’s Miami office secures $3.4 million refinancing of Riviera Terrace apartments
MIAMI (July 21, 2023) — Northmarq’s Jaspaul Kapoor, senior vice president in the Miami debt/equity office, arranged refinancing for a 24-unit multifamily property in North Miami, Florida. Built in 1974, the property is located at 888 NE 132nd St. The transaction was structured with a 10-year term. Northmarq secured the permanent-fixed loan for the borrower through a relationship with Freddie SBL.
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