NorthMarq Capital arranges bridge financing of $12.74 million for Signature Place Apartments in Greenville, North Carolina
Signature Place Apts
(October 8, 2018) – NorthMarq Capital’s Tampa regional office and NorthMarq Capital’s Orlando regional office arranged bridge financing of $12,740,000 for Signature Place Apartments, a 171-unit multifamily property located at 410 Beasley Drive, Greenville, North Carolina. The transaction was structured with a 3-year interest only term. NorthMarq arranged financing for the borrower through its relationship with Benefit Street, a private lender.
About Northmarq
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.
