NorthMarq arranges $900,000 financing for the Rufina Apartments in Santa Fe, New Mexico
Rufina Apts
DENVER, COLORADO (January 15, 2018) – NorthMarq’s Denver office arranged a $900,000 non-recourse loan for the acquisition of the 16-unit Rufina Apartments located in Santa Fe, New Mexico. The five-year, 75 percent LTV loan, originated through Fannie Mae’s small loan program, included flexible prepayment options and did not require the borrower sign a personal guaranty.
Brian Fisher, vice president, arranged the financing for the borrower.
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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.
