NorthMarq Capital’s Scott Monroe finalizes $26,223,000 refinance of Las Vegas multifamily via FHA/HUD
St. Andrews Apts
LAS VEGAS (March 21, 2017) – Scott Monroe, managing director of NorthMarq Capital’s Las Vegas regional office, secured the $26,223,000 refinance of St. Andrews Apartments, a 336-unit multifamily property located at 4249 North Commerce Street in Las Vegas, Nevada. The transaction was structured with a fully amortizing 35-year term. NorthMarq arranged financing for the borrower through its FHA/HUD platform.
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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.
