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