NorthMarq Capital arranges refinancing of $32,281,000 for Sawyer Trail Apartments in Frederickson, Washington
“We were able to execute a Streamlined Early Rate Lock (SRL) on this near stabilization asset due to its strong leasing performance and sponsorship,” said Spiro. “This allowed us to quickly rate lock the transaction upon the subject hitting the occupancy, leasing, and projected stabilization requirements for the Near-Stab program.”
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.
