Northmarq’s Debt + Equity team successfully arranges $7.738M refinance of a garden apartment complex located in San Diego
San Diego Garden Apartments
Northmarq’s San Diego Debt + Equity team led by Steve Hollister successfully arranged the $7.738 million refinance of an apartment community located in San Diego. Northmarq arranged the financing on behalf of the borrower, an experienced multifamily investor and repeat borrower of Northmarq, through the firm’s in-house Fannie Mae DUS platform. The transaction was structured with a five-year fixed-rate loan. The 48-unit multifamily community was built in 1963 and renovated in 2023.
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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.
