NorthMarq Capital arranges $2 Million Mortgage for San Simeon Condominiums in Tucson, AZ

San Simeon Condominiums
0000000000000000000000000495209
PHOENIX – NorthMarq Capital's Phoenix regional office arranged acquisition financing of $2 million for San Simeon Condominiums, a 70-unit, market-rate multifamily property located at 6091-6141 East golf Links Road in Tucson, Arizona. Financing was based on 10-year term and a 30-year amortization period. NorthMarq arranged this financing for the borrower, San Simeon East Golf Links, LLC, through its relationship with a life company lender.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

Image
NM Web Icon News Black

Join the mailing list