NorthMarq Capital arranges $2 million mortgage for Silverstone Apartments in Charlotte, North Carolina
Silverstone Apts
RALEIGH (September 25, 2013) – Brett Mason, vice president of NorthMarq’s Raleigh regional office, arranged financing of $2 million for Silverstone Apartments, a 94-unit, market-rate multifamily property located in Charlotte, North Carolina. Financing was based on a 10-year term and a 30-year amortization schedule. The loan was arranged for the borrower, Real Catalyst Group, LLC, by NorthMarq through its relationship with a Fannie Mae DUS 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.
