NorthMarq arranges $900,000 financing for the Rufina Apartments in Santa Fe, New Mexico
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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